Following the sharp decline observed in the deep sea scrap segment, ship scrap procurement prices in Turkey have declined also. Three out of four producers have cut their prices by $5-10/mt as compared to yesterday, with the general price range currently stand at $365-385/mt.
In Turkey’s Izmir region, the ship scrap purchase prices of local steelmakers are as follows:
Producer |
Price ($/mt) |
Price change ($/mt) |
Özkan Demir Çelik |
385 |
0 |
Habaş |
385 |
-5 |
Ege Çelik |
380 |
-10 |
İDÇ |
365 |
-10 |
All the above prices are for delivery to mill by truck.