Since SteelOrbis’ report published on February 10, two Turkish mills have increased their ship scrap procurement prices, while the others have kept them stable. The increases in question were by $5/mt. The general purchase price range of local steel producers is now at $465-501/mt, indicating a $6/mt rise on the upper end. The revisions were made to secure domestic scrap flow to mills, market players stated.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
495 |
0 |
Habaş |
501 |
+5 |
Ege Çelik |
500 |
+5 |
IDC |
495 |
0 |
Cebitas |
465 |
0 |
All the above prices are for delivery to mill by truck.