Turkey’s domestic scrap market softens on upper end

Friday, 07 June 2024 17:03:39 (GMT+3)   |   Istanbul

The general price range in Turkey’s domestic scrap market has softened a little on the upper end, but it is also observed that some producers have increased their domestic scrap procurement prices. Since Turkey’s import scrap market has moved up slightly, some rises could also possibly be seen in the local scrap market.

The general range in the local Turkish scrap market for the benchmark DKP grade scrap is now at TRY 11,800-13,150/mt in the local currency. Dollar-based quotations have remained unchanged at $366-408/mt.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

 24.05.2024

24.05.2024 

Çolakoğlu

 

 

 

 

DKP

12.705

394

0

0

Extra

12.180

378

0

0

Kroman

 

 

 

 

DKP

12.500

387

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

399

0

0

Extra

12.065

374

0

0

Erdemir

 

 

 

 

DKP

12.975

402

0

0

Extra

12.970

402

0

0

Koç Metalürji

 

 

 

 

DKP

12.200

378

100

3

Extra

10.100

313

400

12

Diler Dış Tic.

 

 

 

 

DKP

12.000

372

0

0

Extra

11.900

369

0

0

Baştuğ

 

 

 

 

DKP

12.500

387

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

12.400

384

-100

-3

Extra

10.100

313

-100

-3

Kardemir

 

 

 

 

DKP

13.150

408

-150

-5

Extra

12.915

400

-150

-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 32.26


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