The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey inched up by TRY1/mt to TRY4,171/mt ($483/mt) delivered on Monday after one mill raised its purchase price.
Kardemir announced new purchase price for DKP grade at TRY4,430/mt delivered on Jul 6, increasing it by TRY50/mt, while the other steelmakers kept their purchase prices at previous levels.
Colakoglu Metalurji, Diler Demir Celik, and Kroman continue buying DKP grade at TRY4,280/mt delivered, TRY3,970/mt delivered, and TRY4,000/mt delivered, respectively. Erdemir and Isdemir have been paying TRY4,415/mt delivered and TRY4,355/mt delivered, respectively, for the grade since Jun 18.
Purchase prices for shipbreaking scrap in the Izmir region remained flat at $480/mt delivered.