Three mills in Turkey’s Izmir region have reduced their ship scrap purchase prices by $2-5/mt today, June 24, while the remaining mill has kept its prices unchanged. As a result, ship scrap purchase quotations in Turkey have decreased on both the upper and lower ends and are currently in the range of $250-255/mt, for delivery to mill by truck. The fall observed in the local Turkish ship scrap market is the result of the quietness on the import scrap side, market sources state.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
250 |
-5 |
Habaş |
255 |
-2 |
Ege Çelik |
252 |
0 |
IDC |
253 |
-2 |
All the above prices are for delivery to mill by truck.