Today, July 17, three steel mills in Turkey’s Izmir region have increased their ship scrap purchase prices by $5/mt, while other steelmakers have kept their prices stable. As a result, ship scrap purchase quotations in Turkey have moved up to $250-256/mt, for delivery to mill by truck, indicating a very slight rise on the upper end.
The optimistic sentiment in the import scrap segment and the relatively livelier local finished steel sales in the Izmir region are impacting ship scrap purchase quotations, market sources state.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
250 |
0 |
Habaş |
256 |
+5 |
Ege Çelik |
255 |
+5 |
IDC |
256 |
+1 |
All the above prices are for delivery to mill by truck.