Today, May 5, two Izmir-based Turkish mills have reduced their ship scrap procurement prices further by $5/mt. The general price range is now at $395-401/mt for delivery to mill by truck, down $4/mt on the upper end. Although ship scrap prices have already declined by $25-35/mt depending on the mill, quotations may be cut further in the coming week.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Özkan Demir Çelik |
400 |
-5 |
|
Habaş |
401 |
0 |
|
Ege Çelik |
400 |
-5 |
|
İDÇ |
395 |
0 |
All the above prices are for delivery to mill by truck.