During the past week, the general price range in Turkey’s ship scrap market has remained unchanged at $450-480/mt. Market sources stated that, having been quite strong in past days, the ship scrap flow to producers is now slower and sellers now consider the current price levels to be low. With the deep sea scrap segment remaining firm after the most recent ex-UK deal, Turkey’s ship scrap market may move up slightly in the coming period.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
450 |
0 |
Habaş |
480 |
0 |
Ege Çelik |
450 |
0 |
IDC |
480 |
0 |
Cebitas |
450 |
0 |
All the above prices are for delivery to mill by truck.