Since SteelOrbis’ previous report published on December 10, mills in Turkey’s Izmir region have decided to keep their ship scrap purchase prices stable. Hence, the general range in Turkey’s ship scrap market has moved sideways at $465-475/mt for delivery to mill by truck. No change in prices is expected before Turkey’s Central Bank’s decision on interest rates due to be announced tomorrow. The Turkish lira is once again following a depreciating trend against the major currencies this week, with mills keeping their dollar-based ship scrap prices stable while this is happening.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
470 |
0 |
Habaş |
475 |
0 |
Ege Çelik |
475 |
0 |
IDC |
470 |
0 |
Cebitas |
465 |
0 |
All the above prices are for delivery to mill by truck.