Although two Izmir-based Turkish mills have increased their ship scrap purchase prices by $5/mt from $450/mt to $455/mt, the general price range in Turkey’s ship scrap market has remained unchanged at $450-480/mt. The $25-30/mt difference between the lower and upper ends of local ship scrap quotations is still considered to be large. Meanwhile, Turkey is getting ready for a week-long holiday (July 17-25) and will return to the market on Monday 26.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Ozkan Demir Celik |
455 |
+5 |
|
Habaş |
480 |
0 |
|
Ege Çelik |
455 |
+5 |
|
IDC |
480 |
0 |
|
Cebitas |
450 |
0 |
All the above prices are for delivery to mill by truck.