Since SteelOrbis’ previous report published on January 6, Turkey’s local ship scrap prices have moved up by $5/mt on the upper end to $465-480/mt delivery to mill by truck. Four local producers have increased their prices in this period by $5-10/mt. Despite the higher purchase prices, ship scrap flow to the mills is slow amid sellers’ expectations of a further rise in quotations.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Ozkan Demir Celik |
475 |
+5 |
|
Habaş |
480 |
+5 |
|
Ege Çelik |
480 |
+10 |
|
IDC |
480 |
+5 |
|
Cebitas |
465 |
0 |
All the above prices are for delivery to mill by truck.