Most Izmir-based Turkish steel producers have increased their ship scrap procurement prices by $10-13/mt since November 6, while one of them has kept its price stable. The general range is now at $350-370/mt from the range of $350-360/mt previously, for delivery to mill by truck. The upward movement of ship scrap prices is a reflection of the increases recorded in the deep and short sea segments.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
365 |
+10 |
Habaş |
370 |
+10 |
Ege Çelik |
370 |
+13 |
İDÇ |
350 |
0 |
All the above prices are for delivery to mill by truck.