The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey decreased by TRY52/mt to TRY3,973/mt ($480/mt) delivered on Monday amid lower prices for imported material and steel products.
Most Turkish mills dropped their purchase prices for DKP grade scrap with Colakoglu Metalurji and Diler Demir Celik reducing them by TRY40/mt and TRY60/mt to TRY4,240/mt delivered and TRY3,540/mt delivered, respectively, at the beginning of September.
Kroman cut its purchase price for the grade by TRY210/mt to TRY3,540/mt delivered, while Erdemir decreased it by TRY40/mt to TRY4,240/mt delivered.
Kardemir and Isdemir continue paying TRY4,130/mt delivered and TRY3,905/mt delivered, respectively, for DKP grade.
($1=TRY8.28)