Since SteelOrbis’ report published on November 1, Izmir-based Turkish steel mills have cut their ship scrap procurement prices by $3-5/mt. The general range in Turkey’s ship scrap market has moved down to $345-352/mt for delivery to mill by truck. Turkish mills are slowing their scrap purchases as they are struggling to sell finished steel in the local and export markets.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
345 |
-5 |
Habaş |
352 |
-5 |
Ege Çelik |
347 |
-3 |
İDÇ |
345 |
0 |
All the above prices are for delivery to mill by truck.