As anticipated by SteelOrbis on its report published on November 28, Izmir-based Turkish steel mills have revised their ship scrap procurement prices upwards. The $5-7/mt revision is in line with the increases observed in the deep sea and short sea scrap segments and the uptrend may continue in the coming period. The general range in Turkey’s ship scrap market is now at $335-345/mt for delivery to mill by truck.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
340 |
+5 |
Habaş |
345 |
+7 |
Ege Çelik |
345 |
+5 |
İDÇ |
335 |
0 |
All the above prices are for delivery to mill by truck.