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