In Turkey's Aliaga region - the only region in the country where ship scrapping is allowed - ship scrap purchase prices of local steelmakers, which were at $230-265/mt ex-yard last week, have declined by $20/mt on average week on week to $210-245/mt ex-yard.
Meanwhile, market sources state that sales in the ship scrap market have almost come to a halt amid the absence of new import scrap deals in Turkey and due to the cautious approach of buyers towards new deals.
In Turkey's Aliaga region, ship scrap purchase prices of local steelmakers are as follows:
Producer | Price ($/mt) |
Habas | 245 |
Ege Celik | 210 |
IDC | 245 |
Ozkan Demir Celik | 240 |
Cebitas Demir Celik | 245 |