Having remained stable since October 9, Turkey’s ship scrap purchase prices have moved up today, November 11, after almost a month, as anticipated by market players due to the significant price rise observed in the deep sea scrap segment.
Steelmakers in Turkey’s Izmir region have increased their quotations by $13-15/mt, except for Cebitas which has made no announcement as of the time of publication. As a result, the general ship scrap purchase price range now stands at $275-295/mt, with Cebitas representing the lower end. Before today’s revisions, prices were in the range of $275-280/mt.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
293 |
+13 |
Habaş |
295 |
+15 |
Ege Çelik |
293 |
+13 |
IDC |
295 |
+15 |
Cebitas |
275 |
0 |
All the above prices are for delivery to mill by truck.