The weekly Davis Index for DKP scrap (equivalent to auto bundles) in Turkey increased by TRY65/mt ($8/mt) to TRY3,475/mt ($426/mt) delivered on Monday amid better demand and higher prices for imported material and steel products.
Colakoglu Metalurji raised its purchase price for DKP grade by TRY80/mt to TRY3,605/mt delivered on Apr 8. The next day, Kroman, Erdemir and Isdemir also lifted their purchase prices for the grade by the same amount to TRY3,390/mt delivered, TRY3,655/mt delivered and TRY3,565/mt delivered, respectively.
Diler Demir Celik increased its purchase price for DKP grade by TRY50/mt to TRY3,410/mt delivered, while Kardemir raised it by TRY110/mt to TRY3,730/mt delivered.
Purchase prices for shipbreaking scrap in the Izmir region remained unchanged at $392/mt delivered for the second successive week.