Three Turkish mills have increased their ship scrap purchase prices by $5-10/mt, while the general range in Turkey’s ship scrap market is now at $385-390/mt for delivery to mill by truck, moving up from the $377-385/mt range recorded on January 3. The total increase in ship scrap market amounts to $8-20/mt since the uptrend began on December 23 amid the lack of scrap availability in the deep and short sea segments.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
390 |
+10 |
Habaş |
385 |
0 |
Ege Çelik |
390 |
+5 |
İDÇ |
385 |
+8 |
All the above prices are for delivery to mill by truck.