Today, May 3, Izmir-based mills have cut their ship scrap procurement prices once again by $5-25/mt. The general price range is now at $400-405/mt as compared to the previous range of $405-426/mt, both for delivery to mill by truck. The total decline in ship scrap prices since May began is now $25-35/mt, signalling there is still some room for another cut.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Özkan Demir Çelik |
405 |
-20 |
|
Habaş |
401 |
-25 |
|
Ege Çelik |
405 |
-10 |
|
İDÇ |
400 |
-5 |
All the above prices are for delivery to mill by truck.