Turkey’s domestic scrap market has remained stable over the past two weeks in the local currency, but the depreciation of the lira is hitting dollar-based prices which are now $4-7/mt lower than the levels recorded before the holiday (June 16-23).
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 moved down to $360-401/mt, from the range of $366-408/mt recorded before the holiday.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
14.06.2024 |
14.06.2024 |
|||
Çolakoğlu |
|
|
|
|
DKP |
12,705 |
387 |
0 |
-7 |
Extra |
12,180 |
371 |
0 |
-6 |
Kroman |
|
|
|
|
DKP |
12,500 |
381 |
0 |
-6 |
Extra |
12,050 |
367 |
0 |
-6 |
İsdemir |
|
|
|
|
DKP |
12,650 |
386 |
0 |
-7 |
Extra |
12,600 |
384 |
0 |
-7 |
Asil Çelik |
|
|
|
|
DKP |
12,880 |
393 |
0 |
-7 |
Extra |
12,065 |
368 |
0 |
-6 |
Erdemir |
|
|
|
|
DKP |
12,975 |
395 |
0 |
-7 |
Extra |
12,970 |
395 |
0 |
-7 |
Koç Metalürji |
|
|
|
|
DKP |
12,200 |
372 |
0 |
-6 |
Extra |
10,100 |
308 |
0 |
-5 |
Diler Dış Tic. |
|
|
|
|
DKP |
12,000 |
366 |
0 |
-6 |
Extra |
11,900 |
363 |
0 |
-6 |
Baştuğ |
|
|
|
|
DKP |
12,500 |
381 |
0 |
-6 |
Extra |
8,000 |
244 |
0 |
-4 |
Sıddık |
|
|
|
|
DKP |
12,000 |
366 |
0 |
-6 |
Extra |
11,900 |
363 |
0 |
-6 |
Mescier |
|
|
|
|
DKP |
11,800 |
360 |
0 |
-6 |
Extra |
11,600 |
354 |
0 |
-6 |
Cansan |
|
|
|
|
DKP |
12,400 |
378 |
0 |
-6 |
Extra |
10,100 |
308 |
0 |
-5 |
Kardemir |
|
|
|
|
DKP |
13,150 |
401 |
0 |
-7 |
Extra |
12,915 |
394 |
0 |
-7 |
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 32.81