One out of the four Turkish steel producers in the Izmir region that are currently accepting ship scrap into their yards has cut its purchase price by $5/mt as compared to October 31. This move has not changed the general price range which is still at $365-380/mt, with Habas representing the higher end. If the deep sea segment continues its stable trend, a similar trend may be seen for ship scrap prices in Turkey.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
375 |
-5 |
Habaş |
380 |
0 |
Ege Çelik |
375 |
0 |
İDÇ |
365 |
0 |
All the above prices are for delivery to mill by truck.