SteelOrbis has learned from market sources that ship
scrap prices in
Turkey's Aliaga region - the only region in
Turkey where ship scrapping is allowed - have declined by $5/mt during the past week to $275-280/mt ex-yard. Some steel producers have reduced their purchase prices for ship
scrap in parallel with the declines seen in import
scrap prices, while others are expected to follow their example in the coming days. Besides, demand for ship
scrap from Turkish steel producers' has almost come to a halt due to their planned overhauls which will start soon.