Since SteelOrbis’ previous report published on April 14, four Turkish mills have further reduced their ship scrap procurement prices by $8-10/mt, pushing down the general range to $495-632/mt. Amid the negative sentiment in the international scrap market, there may be more downward revisions in the coming week.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
625 |
-10 |
Habaş |
632 |
-8 |
Ege Çelik |
626 |
-9 |
IDC |
625 |
-10 |
Cebitas |
495 |
0 |
All the above prices are for delivery to mill by truck.