Since SteelOrbis’ previous report published on April 8, Turkish mills have revised their ship scrap procurement prices downwards due to the pessimistic outlook in the deep sea scrap market. The only mill that has kept its price stable is Cebitas whose price has been unchanged since March 3. The general price range of ship scrap prices in Turkey is now at $495-640/mt, while market players report that the quotations are expected to be revised frequently.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Ozkan Demir Celik |
635 |
-5 |
Habaş |
640 |
-10 |
Ege Çelik |
635 |
-10 |
IDC |
635 |
-15 |
Cebitas |
495 |
0 |
All the above prices are for delivery to mill by truck.