Two integrated Turkish mills have decided to raise their domestic scrap purchase prices today, June 18, by TRY 75-150/mt or $5-14/mt. Kardemir is still keeping its prices stable after the revision announced on June 1. The general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up from TRY 3,820-4,340/mt to TRY 3,820-4,415/mt, while the dollar-based quotations have moved from $441-501/mt to $439-507/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
17.06.2021 |
17.06.2021 |
|||
İsdemir |
|
|
|
|
DKP |
4,355 |
500 |
150 |
14 |
Ekstra |
4,350 |
499 |
150 |
14 |
Erdemir |
|
|
|
|
DKP |
4,415 |
507 |
75 |
6 |
Ekstra |
4,410 |
506 |
75 |
5 |
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 8.71