The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey declined by TRY5/mt to TRY3,984/mt ($462/mt) delivered on Monday after one mill dropped its purchase price.
Kardemir announced a new purchase price for DKP grade at TRY4,280/mt delivered on Jun 1, decreasing it by TRY250/mt, while other steelmakers kept their purchase prices at previous levels.
Colakoglu Metalurji, Diler Demir Celik, and Kroman continue buying DKP grade at TRY4,150/mt delivered, TRY3,720/mt delivered, and TRY3,660/mt delivered, respectively. Erdemir and Isdemir have been paying TRY4,210/mt delivered and TRY3,905/mt delivered, respectively, for the grade since May 29.
Purchase prices for shipbreaking scrap in the Izmir region remained unchanged at $480/mt delivered for the second consecutive week.