Since March 15, Turkey’s ship scrap prices have remained in the range of $495-640/mt. However, one Izmir-based Turkish mill has reduced its price by $20/mt in this period. This is the first price reduction made in the ship scrap segment since the beginning of this month. The uptrend started on March 3, and the total increases announced reached the range of $30-145/mt, depending on the buyer, as of March 15.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
600 |
0 |
Habaş |
640 |
0 |
Ege Çelik |
620 |
-20 |
IDC |
640 |
0 |
Cebitas |
495 |
0 |
All the above prices are for delivery to mill by truck.