Turkey’s domestic scrap market remains stable

Friday, 24 May 2024 17:52:58 (GMT+3)   |   Istanbul

Amid the slow trading observed in the deep sea scrap segment, Turkey’s domestic scrap market has remained stable week on week. Turkish mills have no reason to adjust their domestic scrap procurement prices as the Turkish lira has also remained relatively stable against the US dollar.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 11,800-13,300/mt in the local currency. Dollar-based quotations have remained unchanged at $366-413/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 10.05.2024

10.05.2024

Çolakoğlu

 

 

 

 

DKP

12,705

394

0

0

Extra

12,180

378

0

0

Kroman

 

 

 

 

DKP

12,500

388

0

0

Extra

12,050

374

0

0

İsdemir

 

 

 

 

DKP

12,650

392

0

0

Extra

12,600

391

0

0

Asil Çelik

 

 

 

 

DKP

12,880

400

0

0

Extra

12,065

374

0

0

Erdemir

 

 

 

 

DKP

12,975

403

0

0

Extra

12,970

402

0

0

Koç Metalürji

 

 

 

 

DKP

12,100

375

0

0

Extra

9,700

301

0

0

Diler Dış Tic.

 

 

 

 

DKP

12,000

372

0

0

Extra

11,900

369

0

0

Baştuğ

 

 

 

 

DKP

12,500

388

0

0

Extra

8,000

248

0

0

Sıddık

 

 

 

 

DKP

12,000

372

0

0

Extra

11,900

369

0

0

Mescier

 

 

 

 

DKP

11,800

366

0

0

Extra

11,600

360

0

0

Cansan

 

 

 

 

DKP

12,500

388

0

0

Extra

10,200

316

0

0

Kardemir

 

 

 

 

DKP

13,300

413

0

0

Extra

13,065

405

0

0

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 32.23


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