Ship scrap rises again in Turkey

Friday, 08 November 2019 15:29:49 (GMT+3)   |   Istanbul

Domestic ship scrap purchasing prices in Turkey have moved up once again this week, this time by $2-7/mt depending on the supplier. The prices have been set at $265-270/mt CPT with only one mill being put of the game for now and keeping its levels stable. Sources believe that the mill has slowed down the production these days, therefore in less active in the scrap bookings. In the meantime others compete to get the ship scrap volumes, therefore the prices continue going up, SteelOrbis understands.

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

Producer

Price ($/mt)

Weekly change ($/mt)

Özkan

270

+7

Habaş

270

+5

Ege Çelik

265

+2

İDÇ

265

+3

Çebitaş

250

0

 

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

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