Three Turkish mills have increased their ship scrap purchase prices by $5-10/mt, with the general range in Turkey’s ship scrap market now at $385-395/mt for delivery to mill by truck, moving up from the $385-400/mt range recorded on January 5. The total increase in the ship scrap market amounts to $8-25/mt since the current uptrend began on December 23. Due to the sharp increase observed in the deep sea scrap segment, ship scrap procurement prices are mainly following the same trend and have the potential to move up further.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
395 |
+5 |
Habaş |
395 |
+10 |
Ege Çelik |
395 |
+5 |
İDÇ |
385 |
0 |
All the above prices are for delivery to mill by truck.