Four out of five Izmir-based Turkish mills have raised their ship scrap purchase prices further since SteelOrbis’ report published on May 17, with the revisions in the range of $20-75/mt due to Ozkan Demir Celik’s move to adjust its price in line with the market. This has caused the general price range to increase from $400-460/mt to $450-480/mt. Since the beginning of May, producers in Izmir have raised their ship scrap purchase prices by $60-88/mt, depending on the mill.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Ozkan Demir Celik |
475 |
+75 |
|
Habaş |
480 |
+25 |
|
Ege Çelik |
480 |
+20 |
|
IDC |
480 |
+20 |
|
Cebitas |
450 |
0 |
All the above prices are for delivery to mill by truck.