Turkish mills cut their ship scrap prices 

Wednesday, 06 December 2023 17:57:50 (GMT+3)   |   Istanbul
       

Two Izmir-based Turkish producers have cut their ship scrap procurement prices today, December 6, by $10-13/mt to $375-393/mt, moving down from $375-403/mt, for delivery to mill by truck. This move was not considered as a change of pricing strategy but as a downward correction to sustainhealthy scrap flow to yards. Also, Çebitaş is now back in the market with its price at $375/mt, delivered. 

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 

390 

-13 

Habaş  

393 

Ege Çelik  

393 

-10 

İDÇ  

375 

Çebitaş 

375 

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


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