The domestic ship scrap purchase quotations of Turkish steel producers, which were at $215-220/mt ex-yard last week, have increased by $15/mt on the upper end to $215-235/mt ex-yard as compared to prices on October 14, due to the ongoing rises recorded in global scrap prices. Meanwhile, demand for ship scrap in Turkey's Aliaga region - the only region in the country where ship scrapping is allowed in Turkey - has improved slightly week on week but is still at medium levels. In the coming period, no significant change in demand is expected.
In Turkey's Aliaga region, ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Habas |
235 |
Ege Celik |
234 |
IDC |
230 |
Ozkan Demir Celik |
235 |
Cebitas Demir Celik |
215 |