Due to the ongoing softening in the deep sea scrap segment, ship scrap purchase prices in Turkey have declined further this week. Three out of four producers have cut their prices by $5/mt, with the general price range currently standing at $365-380/mt.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
380 |
-5 |
Habaş |
380 |
-5 |
Ege Çelik |
375 |
-5 |
İDÇ |
365 |
0 |
All the above prices are for delivery to mill by truck.