Over the past week, Turkish mills have cut their ship scrap procurement prices by $13-20/mt due to decreasing deep sea and short sea scrap prices as well as the lack of steel demand in Turkey. Currently, the general price range is at $347-351/mt for delivery to mill by truck, with one of the Izmir-based mills deciding to stop accepting ship scrap for now.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Özkan Demir Çelik |
- |
- |
|
Habaş |
351 |
-20 |
|
Ege Çelik |
347 |
-13 |
|
İDÇ |
350 |
-15 |
All the above prices are for delivery to mill by truck.