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Metal Bulletin’s weekly price assessment for melting scrap from shipbreaking in the Turkish domestic market was $348-355 per tonne delivered, up from last week’s $341-352 per tonne.
The upward movement in the weekly assessment came after long steel mill Habas raised its buy price to $355 per tonne, while fellow long steel mills Ege Çelik and Özkan raised their prices to $348 per tonne.
In the meantime, domestic auto bundle scrap prices remained stable with most steel mills and a major scrapyard in Izmir keeping their prices unchanged. One steel mill raised its buy price for the material by TRY40 ($10) per tonne.
But Metal Bulletin’s weekly price assessment for domestic auto bundle scrap (DKP grade) in Turkey was unchanged week-on-week at TRY1,270-1,500 ($310-366) per tonne delivered.