BURSA, Turkey Prices for
ferrous scrap from Turkeys domestic shipbreaking industry
have fallen slightly, under pressure from declining offers for
Melting scrap from ship
recycling is now being sold to mills in western Turkey at $378
to $385 per tonne delivered, $2 to $5 lower than last week,
industry sources told AMM sister publication Steel
One steelmaker in the Izmir
region purchased melting scrap at $378 per tonne, three other
mills bought the same material at $380 per tonne and a long
products steelmaker paid $385 per tonne.
Turkish association of ship
recyclers Gemisander said the industry has broken 260 ships
totaling a record 855,000 long dry tonnes so far this year vs.
331 ships, or 653,000 tonnes, last year and 423,000 tonnes in
Turkeys only shipbreaking
yard is in the western town of Aliaga in Izmir. It supplies
scrap to steel mills in the region, including Cebitas Demir
Celik Endüstrisi AS, Ege Celik Endüstrisi Sanayi ve
Ticaret AS, Habas Group, Izmir Demir Celik Sanayi AS and
Ozkanlar Demir Celik Sanayi AS.
A version of this article was
first published by AMM sister publication Steel First.