Over the past week, Turkey’s domestic scrap prices have mostly remained stable in the local currency, while falling by $2-3/mt on US dollar basis. In addition, a few mills have cut their local scrap prices by TRY 100-350/mt (6-14$/mt) depending on the grade.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained unchanged at TRY 11,800-13,150/mt in the local currency. Dollar-based quotations are now at $366-408/mt instead of $369-411/mt previously.
|
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
08.03.2024 |
08.03.2024 |
|||
|
Çolakoğlu |
|
|
|
|
|
DKP |
12,555 |
390 |
-250 |
-11 |
|
Extra |
12,030 |
373 |
-250 |
-11 |
|
Kroman |
|
|
|
|
|
DKP |
12,200 |
379 |
0 |
-3 |
|
Extra |
11,700 |
363 |
0 |
-3 |
|
İsdemir |
|
|
|
|
|
DKP |
12,200 |
379 |
0 |
-3 |
|
Extra |
12,150 |
377 |
0 |
-3 |
|
Asil Çelik |
|
|
|
|
|
DKP |
12,730 |
395 |
-310 |
-13 |
|
Extra |
11,915 |
370 |
-250 |
-11 |
|
Erdemir |
|
|
|
|
|
DKP |
12,825 |
398 |
0 |
-3 |
|
Extra |
12,820 |
398 |
0 |
-3 |
|
Diler Dış Tic. |
|
|
|
|
|
DKP |
11,850 |
368 |
-350 |
-14 |
|
Extra |
11,750 |
365 |
-150 |
-8 |
|
Baştuğ |
|
|
|
|
|
DKP |
12,500 |
388 |
0 |
-3 |
|
Extra |
8,000 |
248 |
0 |
-2 |
|
Sıddık |
|
|
|
|
|
DKP |
11,850 |
368 |
-100 |
-6 |
|
Extra |
11,750 |
365 |
-100 |
-6 |
|
Mescier |
|
|
|
|
|
DKP |
11,800 |
366 |
0 |
-3 |
|
Extra |
11,600 |
360 |
0 |
-3 |
|
Cansan |
|
|
|
|
|
DKP |
12,300 |
382 |
0 |
-3 |
|
Extra |
10,100 |
313 |
0 |
-3 |
|
Kardemir |
|
|
|
|
|
DKP |
13,150 |
408 |
0 |
-3 |
|
Extra |
12,915 |
401 |
0 |
-3 |
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 32.22