Turkish mills’ ship scrap purchase prices consolidate at $375/mt

Tuesday, 21 November 2023 14:51:12 (GMT+3)   |   Istanbul
       

Izmir-based Turkish steel producers have increased their ship scrap procurement prices significantly by $5-25/mt since November 15, with the upper end of the price rise announced by a mill which had kept its price at $350/mt for a month. The ship scrap purchase prices have consolidated at $375/mt, moving up from the range of $350-370/mt for delivery to mill by truck. The increases recorded in the deep sea and short sea segments are pushing up domestic scrap and ship scrap prices.

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 

375 

+10 

Habaş  

375 

+5 

Ege Çelik  

375 

+5 

İDÇ  

375 

+25 

All the above prices are for delivery to mill by truck.


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