Turkey’s domestic scrap market has remained stable in terms of Turkish lira-based prices. However, the Turkish lira has lost strength against the US dollar and so dollar-based prices have moved down. While Turkish mills are still showing eagerness to buy domestic scrap, import scrap prices have recorded a sharp decline this week. In this situation, a revision of prices in the local scrap market may be seen in the coming days.
The general range in the local Turkish scrap market for the benchmark DKP grade scrap is still at TRY 11,800-13,150/mt in the local currency. Dollar-based prices have moved down to $352-392/mt week on week.
Producer/ product |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
19.07.2024 |
19.07.2024 |
|||
Çolakoğlu |
|
|
|
|
DKP |
12,705 |
379 |
0 |
-6 |
Extra |
12,180 |
363 |
0 |
-5 |
Kroman |
|
|
|
|
DKP |
12,500 |
373 |
0 |
-5 |
Extra |
12,050 |
359 |
0 |
-5 |
İsdemir |
|
|
|
|
DKP |
13,050 |
389 |
0 |
-6 |
Extra |
13,000 |
388 |
0 |
-6 |
Asil Çelik |
|
|
|
|
DKP |
12,880 |
384 |
0 |
-6 |
Extra |
12,065 |
360 |
0 |
-5 |
Erdemir |
|
|
|
|
DKP |
12,975 |
387 |
0 |
-6 |
Extra |
12,970 |
387 |
0 |
-6 |
Koç Metalürji |
|
|
|
|
DKP |
12,500 |
373 |
0 |
-5 |
Extra |
10,400 |
310 |
0 |
-5 |
Diler Dış Tic. |
|
|
|
|
DKP |
12,000 |
358 |
0 |
-5 |
Extra |
11,900 |
355 |
0 |
-5 |
Baştuğ |
|
|
|
|
DKP |
12,500 |
373 |
0 |
-5 |
Extra |
8,000 |
239 |
0 |
-3 |
Sıddık |
|
|
|
|
DKP |
12,000 |
358 |
0 |
-5 |
Extra |
11,900 |
355 |
0 |
-5 |
Mescier |
|
|
|
|
DKP |
11,800 |
352 |
0 |
-5 |
Extra |
11,600 |
346 |
0 |
-5 |
Cansan |
|
|
|
|
DKP |
12,700 |
379 |
0 |
-6 |
Extra |
10,400 |
310 |
0 |
-5 |
Kardemir |
|
|
|
|
DKP |
13,150 |
392 |
0 |
-6 |
Extra |
12,915 |
385 |
0 |
-6 |
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 33.53