Today, May 4, one Izmir-based Turkish mill has cut its ship scrap procurement price by $5/mt. The general price range is now at $395-405/mt for delivery to mill by truck, down $5/mt on the lower end. Other local producers are expected to follow suit and reduce their quotations.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
405 |
0 |
Habaş |
401 |
0 |
Ege Çelik |
405 |
0 |
İDÇ |
395 |
-5 |
All the above prices are for delivery to mill by truck.