Over the past week, Turkish producers have kept their domestic scrap prices stable in the local currency. The depreciation of the Turkish lira against the major currencies has resulted in a $3-5/mt decline in dollar-based quotations. Since Turkish mills are mainly out of the import scrap market, except for rare bookings, they are keeping their domestic scrap prices stable to sustain scrap flow to their yards.
While the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained at TRY 11,200-12,400/mt, dollar-based quotations are now at $379-420/mt.
|
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
22.12.2023 |
22.12.2023 |
|||
|
Çolakoğlu |
|
|
|
|
|
DKP |
12.055 |
408 |
0 |
-5 |
|
Extra |
11.530 |
390 |
0 |
-5 |
|
Kroman |
|
|
|
|
|
DKP |
11.750 |
398 |
0 |
-5 |
|
Extra |
11.250 |
381 |
0 |
-4 |
|
İsdemir |
|
|
|
|
|
DKP |
12.100 |
409 |
0 |
-5 |
|
Extra |
12.050 |
408 |
0 |
-5 |
|
Asil Çelik |
|
|
|
|
|
DKP |
12.265 |
415 |
0 |
-5 |
|
Extra |
11.640 |
394 |
0 |
-5 |
|
Erdemir |
|
|
|
|
|
DKP |
12.150 |
411 |
0 |
-5 |
|
Extra |
12.145 |
411 |
0 |
-5 |
|
Diler Dış Tic. |
|
|
|
|
|
DKP |
11.500 |
389 |
0 |
-5 |
|
Extra |
11.350 |
384 |
0 |
-4 |
|
Baştuğ |
|
|
|
|
|
DKP |
11.800 |
399 |
0 |
-5 |
|
Extra |
7.500 |
254 |
0 |
-3 |
|
Sıddık |
|
|
|
|
|
DKP |
11.200 |
379 |
0 |
-4 |
|
Extra |
11.050 |
374 |
0 |
-4 |
|
Mescier |
|
|
|
|
|
DKP |
11.200 |
379 |
0 |
-4 |
|
Extra |
11.000 |
372 |
0 |
-4 |
|
Cansan |
|
|
|
|
|
DKP |
11.800 |
399 |
0 |
-5 |
|
Extra |
9.600 |
325 |
0 |
-4 |
|
Kardemir |
|
|
|
|
|
DKP |
12.400 |
420 |
0 |
-5 |
|
Extra |
12.165 |
412 |
0 |
-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 29.55