As of today, June 22, another $10-25/mt fall has been recorded in Turkey’s ship scrap market. Izmir-based Turkish mills have reduced their ship scrap procurement prices to $345/mt from $355-370/mt. With only three of them still buying ship scrap, the total decline in Turkey’s ship scrap market has reached $115-125/mt since the beginning of June, depending on the mill.
In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
|
Producer |
Price ($/mt) |
Price change ($/mt) |
|
Özkan Demir Çelik |
345 |
-10 |
|
Ege Çelik |
345 |
-15 |
|
İDÇ |
345 |
-25 |
All the above prices are for delivery to mill by truck