Since SteelOrbis’ report published on February 4, Turkey’s ship scrap market has moved up with the support of higher deep sea scrap prices. The general price range is now at $465-490/mt, indicating a $10/mt rise on the upper end. Four out of five Izmir-based mills have revised their quotations upwards since February 4, while only Cebitas has kept its price stable and still represents the lower end of the price range at $465/mt delivery to mill by truck.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
490 |
+15 |
Habaş |
487 |
+7 |
Ege Çelik |
490 |
+10 |
IDC |
490 |
+10 |
Cebitas |
465 |
0 |
All the above prices are for delivery to mill by truck.