Today, June 15, general ship scrap procurement prices in Turkey are standing at $380-385/mt, $10-20/mt lower than the levels SteelOrbis reported on June 13. The downtrend and the negative sentiment in the global scrap market is impacting Turkish mills’ desire to pay higher levels for ship scrap. Still, two out of five mills in Turkey’s İzmir are not accepting ship scrap or domestic scrap flow to their yards. The total decline in Turkey’s ship scrap market has reached $75-90/mt since the beginning of June.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
380 |
-10 |
Ege Çelik |
380 |
-20 |
İDÇ |
385 |
-10 |
All the above prices are for delivery to mill by truck.