Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey surged by TRY434/mt ($60/mt) to TRY3,370/mt ($464/mt) delivered on Monday on increases in imported scrap and Turkish rebar prices.


Colakoglu Metalurji and Diler Demir Celik both raised their purchase prices for DKP grade by TRY450/mt to TRY3,475/mt delivered and TRY3,350/mt delivered, respectively. Kroman lifted its purchase price for the same material by TRY440/mt to TRY3,300/mt delivered.


Erdemir and Isdemir announced new purchase prices for DKP grade at TRY3,325/mt delivered and TRY3,365/mt delivered, respectively, which are TRY300-400/mt higher than their previous prices.


Kardemir is now paying TRY3,620/mt delivered for DKP grade versus TRY3,125/mt delivered a week ago.


Purchase prices for shipbreaking scrap in the Izmir region rose by $35/mt to $425/mt delivered over a week amid positive market sentiment.



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