Three Turkish mills have revised their ship scrap purchase prices, though the movements were not similar. While Habas and IDC decreased their prices downwards by $10/mt from the long-lived $480/mt to $470/mt, Ege Celik decided to increase its prices by $2/mt as compared to the levels recorded on Monday, July 26. As a result of the changes, Turkey’s ship scrap market has decreased from the upper end by $10/mt and as of today the general price range in Turkey’s ship scrap market is at $450-470/mt.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
455 |
0 |
Habaş |
470 |
-10 |
Ege Çelik |
455 |
+2 |
IDC |
470 |
-10 |
Cebitas |
450 |
0 |
All the above prices are for delivery to mill by truck.