Since SteelOrbis’ report published on May 17, two Turkish mills have increased their local scrap purchase prices by TRY 200-350/mt or $23-41/mt, while others have kept their prices unchanged with a $1/mt decrease in their dollar price. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has moved up on the upper end to TRY 3,400-4,530, while the dollar-based quotations have moved from $407-519/mt to $406-541/mt.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
17.05.2021 |
17.05.2021 |
|||
Mescier |
|
|
|
|
DKP |
3,970 |
474 |
350 |
41 |
Ekstra |
3,950 |
472 |
350 |
41 |
Kardemir |
|
|
|
|
DKP |
4,530 |
541 |
200 |
23 |
Ekstra |
4,245 |
507 |
200 |
23 |
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 8.37