Turkish mills have increased their ship scrap purchase prices by $4-7/mt to secure tonnages. The general range in Turkey’s ship scrap market is now at $375-381/mt for delivery to mill by truck, up from the $370-377/mt range recorded last Friday, December 23. The firm trend of and expectations of further rises in the deep and short sea scrap segments are providing support for ship scrap quotations. Depending on developments on the deep sea scrap side, ship scrap prices are set to move up again.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
375 |
+5 |
Habaş |
381 |
+4 |
Ege Çelik |
381 |
+6 |
İDÇ |
377 |
+7 |
All the above prices are for delivery to mill by truck.