Turkish steelmakers still follow diverse trends for domestic scrap prices

Tuesday, 18 January 2022 15:02:57 (GMT+3)   |   Istanbul
       

Since SteelOrbis’ report published on January 13, Turkish mills have continued to follow diverse strategies for their domestic scrap procurement prices. It is observed that two mills have increased their domestic scrap quotations by TRY 200-340/mt or $18-28/mt. However, some producers have reduced their prices by TRY 70-420/mt or $2-28/mt. Other mills have kept their lira-based prices stable in this period, with a $2-3/mt increase in their dollar-based prices.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 5,900-7,150, while prices on US dollar basis have been revised from $433-525/mt to $436-528/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

13.01.2022 

13.01.2022 

Çolakoğlu

 

 

 

 

DKP

6,855

506

0

3

Ekstra

6,380

471

0

3

Kroman

 

 

 

 

DKP

6,230

460

-420

-28

Ekstra

5,960

440

-420

-28

İsdemir

 

 

 

 

DKP

6,550

484

200

18

Ekstra

6,545

483

200

18

Asil Çelik

 

 

 

 

DKP

6,875

508

0

3

Ekstra

6,300

465

0

3

İDÇ

 

 

 

 

DKP

6,350

469

340

28

Ekstra

6,330

468

340

28

Erdemir

 

 

 

 

DKP

6,885

508

0

3

Ekstra

6,880

508

0

3

Diler Dış Tic.

 

 

 

 

DKP

6,300

465

-150

-8

Ekstra

6,200

458

-150

-8

Baştuğ

 

 

 

 

DKP

5,900

436

0

3

Ekstra

5,300

391

0

2

Sıddık

 

 

 

 

DKP

6,070

448

0

3

Ekstra

6,000

443

0

3

Ege Çelik

 

 

 

 

DKP

6,630

490

-70

-2

Ekstra

6,280

464

-70

-2

Mescier

 

 

 

 

DKP

6,150

454

0

3

Ekstra

6,000

443

0

3

Cansan

 

 

 

 

DKP

6,150

454

-200

-12

Ekstra

5,350

395

-150

-9

Kardemir

 

 

 

 

DKP

7,150

528

0

3

Ekstra

6,915

511

0

3

All above prices are for deliveries to customer and exclude VAT. Exchange rate fluctuations are taken into consideration when calculating the dollar-based price changes.

$1 = TRY 13.54


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