The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey was unchanged at TRY2,221/mt ($281/mt) delivered on Monday as Turkish steelmakers opted to hold their purchase prices.
Colakoglu Metalurji and Diler Demir have held their purchasing prices for DKP grade at TRY2,310/mt delivered and TRY2,205/mt delivered, respectively. Kroman and Mescier are buying the same grade at TRY2,070/mt delivered and TRY2,075/mt delivered, respectively.
Erdemir and Isdemir are still paying TRY2,360/mt delivered and TRY2,120/mt delivered, respectively, for DKP grade, while Kardemir has kept its buying prices unchanged for this grade at TRY2,345/mt delivered.
Purchase prices for shipbreaking scrap in Izmir are also flat at $275-280/mt delivered.
($1 = TRY7.91)