Local Turkish ship scrap prices supported by stronger import segment

Tuesday, 05 November 2019 16:48:24 (GMT+3)   |   Istanbul

Turkey’s Izmir region-based mills have again increased their local purchase prices for ship scrap, following the newly fixed rise of import scrap deal levels. As a result, local ship scrap prices have inched up by $3-5/mt over the past week to the general levels of $255-260/mt CPT, while two out of five of the local mills have preferred to wait for now but are expected to follow the same move.

In Turkey's Aliaga region the ship scrap purchase prices of local steelmakers are as follows:

Producer

Price ($/mt)

Weekly change ($/mt)

Özkan

260

+5

Habaş

260

+3

Ege Çelik

255

0

İDÇ

260

+5

Çebitaş

250

0

 

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

Marketplace Offers

Scrap

  Metal Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Scrap

  Plastic Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Scrap

  Paper Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Similar articles

Ex-Baltic scrap prices in Turkey soften amid lack of buyer interest

Some Turkish mills increase local scrap prices to offset weaker lira

Ex-US scrap deal in Turkey concluded at close to $410/mt CFR

Prices in local Turkish scrap market remains stable on lira basis

Turkey's import scrap prices rise further as market sentiment remains firm

Turkey's first ex-US scrap booking after a long absence confirms firm prices

Local Turkish scrap prices unchanged on lira basis

Negative sentiments persist in Turkey's import scrap market

Negative import scrap sentiment halts domestic price uptrend in Turkey

Turkey's import scrap market drops as anticipated, further decline possible