As of today, April 21, another decrease has been recorded in Turkey’s ship scrap market. Some Turkish mills have decreased their ship scrap procurement prices further by $3-5/mt, pushing down the general range from $495-615/mt recorded at the end of last week to $495-612/mt. The lack of a signal from the deep sea scrap segment is taking its toll on all segments, including ship scrap prices which have been declining since April 14. The decreases started at the range of $495-650/mt and only Cebitas, which has been keeping its prices stable since March 3, has not announced a change in prices.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
605 |
-5 |
Habaş |
612 |
-3 |
Ege Çelik |
595 |
-5 |
IDC |
612 |
0 |
Cebitas |
495 |
0 |
All the above prices are for delivery to mill by truck.
