Since SteelOrbis’ report published on September 7, Turkey’s ship scrap market has decreased by $10-25/mt, with the price range settling at $345-360/mt for delivery to mill by truck. The lower end is represented by Ozkan Celik, but the other Izmir-based mills have also reduced their ship scrap procurement prices as deep sea scrap quotations are moving down at a fast pace.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan |
355 |
-15 |
Habaş |
360 |
-10 |
Ege Çelik |
350 |
-20 |
İDÇ |
350 |
-10 |
All the above prices are for delivery to mill by truck.