The uptrend of the Turkish ship scrap market has continued today, March 29, with two Izmir-based mills increasing their ship scrap purchase prices by $5-7/mt. Other producers have decided to keep their prices stable, while Cebitas is still out of the market. As a result, the general range of prices in the Turkish ship scrap market is now at $380-392/mt, $2/mt higher on the upper end as compared to Friday, March 26.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
380 |
0 |
Habaş |
392 |
+7 |
Ege Çelik |
390 |
+5 |
IDC |
390 |
0 |
All the above prices are for delivery to mill by truck.