Turkey’s ship scrap market falls slightly

Monday, 06 May 2024 16:24:40 (GMT+3)   |   Istanbul
       

As of today, May 6, the general price range for ship scrap in Turkey stands at $375-395/mt, $5/mt lower on the upper end as compared to the levels recorded on April 22. The upper end is represented by the mills that are traditionally bigger players in the ship scrap segment, while mills such as Habas and IDC are keeping their prices at lower levels since they have also secured tonnages from the deep sea segment. Turkey’s ship scrap market is expected to remain relatively stable in the coming period.

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

395

-5

Habaş 

380

0

Ege Çelik 

395

-5

İDÇ 

375

0

Çebitaş

375

0

All the above prices are for delivery to mill by truck. 


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