Some producers in Turkey’s Izmir region have raised their ship scrap purchase quotations significantly by $20/mt today, December 18, as compared to Monday, December 14, while two of them have decided to keep their quotations stable in this period. As a result, ship scrap prices have increased from levels of $388-400/mt to $388-420/mt. The main reason for this rise is the ongoing uptrend observed in the deep sea segment, which is supported by the positive sentiment in the international steel market.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Ozkan Demir Celik |
388 |
0 |
|
Habaş |
420 |
+20 |
|
Ege Çelik |
420 |
+20 |
|
IDC |
420 |
+20 |
|
Cebitas |
400 |
0 |
All the above prices are for delivery to mill by truck.