Since SteelOrbis’ previous report published yesterday, September 6, Turkey’s ship scrap prices have followed diverse trends on the lower and upper ends. While Turkish mill Habas has increased its ship scrap procurement price by $4/mt, Cebitas has announced a reduction of $5/mt and the other producers have kept their prices stable in this period. With the recent changes, the general price range in Turkey’s ship scrap market is now at $430-446/mt delivered to mill by truck, as compared to $435-445/mt recorded in the previous report.
Market players state that ship scrap flow to the local mills is currently strong. Since the beginning of the month, Cebitas’ ship scrap procurement prices have decreased by $12/mt in total, Habas and Ege Celik have increased quotations by $4-5/mt, while the others have maintained their prices stable, all compared to August 31.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Ozkan Demir Celik |
440 |
0 |
|
Habaş |
446 |
+4 |
|
Ege Çelik |
445 |
0 |
|
IDC |
445 |
0 |
|
Cebitas |
430 |
-5 |
All the above prices are for delivery to mill by truck.