Izmir-based Turkish steel mills have revised their ship scrap procurement prices upwards once again, with a sharper increase following the trend of the deep sea scrap market. Three mills in the region have decided to raise their prices by a range of $15-20/mt, while IDC has decided to keep its prices stable and still represents the lower end of the overall price range. The general range in Turkey’s ship scrap market is now at $335-365/mt for delivery to mill by truck.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
355 |
+15 |
Habaş |
365 |
+20 |
Ege Çelik |
360 |
+15 |
İDÇ |
335 |
0 |
All the above prices are for delivery to mill by truck.