Local mills’ general purchase price range in Turkey’s ship scrap market is currently at $390-415/mt for delivery to mill by truck, $5/mt higher on the upper end. The lower end has not changed due to IDC’s stable price strategy. Meanwhile, other producers’ prices are now in the range of $408-415/mt, indicating a $18-25/mt gap compared with IDC’s price. Turkey’s ship scrap market has some slight room for another increase due to the firmness of deep sea scrap quotations.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
408 |
+3 |
Habaş |
415 |
+5 |
Ege Çelik |
410 |
0 |
İDÇ |
390 |
0 |
All the above prices are for delivery to mill by truck.