Having waited longer than its competitors and kept its prices stable at $335/mt for a long time, Izmir-based Turkish steel producer IDC has finally decided to make a price revision, increasing its ship scrap procurement price by $30/mt to $365/mt CFR, while fellow-Izmir-based mill Ozkan Demir Celik raised its prices by just $5/mt. The general range in Turkey’s ship scrap market is now at $360-370/mt for delivery to mill by truck, with the lower end represented by Ozkan Demir Celik.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
360 |
+5 |
Habaş |
370 |
0 |
Ege Çelik |
370 |
0 |
İDÇ |
365 |
+30 |
All the above prices are for delivery to mill by truck.