The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey climbed by TRY2/mt to TRY4,170/mt ($480/mt) delivered on Monday after a mill raised its purchase price.
Kardemir announced a new purchase price for DKP grade at TRY4,380/mt delivered on Jul 1, increasing it by TRY100/mt, while other steelmakers kept theirs 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 unchanged at $480/mt delivered for the sixth consecutive week.