Since SteelOrbis’ report published on April 18, the downtrend of Turkey’s ship scrap market has continued. Turkish mills have further reduced their ship scrap procurement prices by $13-23/mt, pushing down the general price range from $495-628/mt recorded at the end of last week to $495-615/mt. Ship scrap procurement prices in Turkey have been changing frequently as mills are testing the waters with lower levels each time. The lack of a signal from the deep sea segment supports the downward trend.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
610 |
-15 |
Habaş |
615 |
-13 |
Ege Çelik |
600 |
-23 |
IDC |
612 |
-13 |
Cebitas |
495 |
0 |
All the above prices are for delivery to mill by truck.
