Turkey’s ship scrap market has moved down by $10/mt with the adjustments made by two Izmir-based mills. The general range of ship scrap procurement prices is now at $370-385/mt, for delivery to mill by truck, declining on the lower end week on week. The decrease observed in the ship scrap segment signals that Turkish mills expect a further fall in deep sea and short sea scrap prices.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
385 |
0 |
Habaş |
380 |
0 |
Ege Çelik |
375 |
-10 |
İDÇ |
370 |
-10 |
All the above prices are for delivery to mill by truck.