Since March 4, the ship scrap procurement prices of Turkish mills have continued to increase at a faster pace to catch up with the rises recorded in the deep sea segment. With upward revisions of $20-50/mt by four mills as of March 8, Turkish steel producers’ general ship scrap purchase price range has increased on the upper end from $495-540/mt to $495-570/mt, for delivery to mill by truck. Only Cebitas has kept its prices stable in this period.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
560 |
+50 |
Habaş |
560 |
+20 |
Ege Çelik |
570 |
+30 |
IDC |
560 |
+20 |
Cebitas |
495 |
0 |
All the above prices are for delivery to mill by truck.