Having started its uptrend on Friday October 15, Turkey’s domestic ship scrap purchase prices have increased again today, October 20. With four Turkish mills in the region deciding on a $5-18/mt rise in their procurement prices, the general price range in Turkey’s ship scrap market now stands at $452-465/mt as compared to $460-465/mt recorded on Monday, October 18.
Depending on the producer, the total increase observed in the local ship scrap market is $14-32/mt over the short period of five days.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
465 |
+18 |
Habaş |
460 |
0 |
Ege Çelik |
465 |
+5 |
IDC |
465 |
+5 |
Cebitas |
462 |
+10 |
All the above prices are for delivery to mill by truck.