Ship scrap prices in Turkey's Izmir region revised down again

Friday, 07 February 2020 16:57:17 (GMT+3)   |   Istanbul

Some Turkish steel producers based in the Izmir region have further decreased their domestic ship scrap purchase prices due to the negative sentiment in the import scrap market. As a result, the local mills' scrap purchase price levels are currently set at $261-265/mt CPT, with Cebitas still remaining out of the market. Ozkan Demir Celik and Ege Çelik’s ship scrap purchase prices have remained stable.

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

263

0

Habaş

265

-2

Ege Çelik

261

0

İDÇ

263

-2

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

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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