Another decrease in Turkey’s ship scrap market

Thursday, 02 July 2020 15:37:00 (GMT+3)   |   Istanbul

Another revision in ship scrap purchases prices by mills in Turkey’s Izmir region has been announced today, July 2. Two mills have reduced their ship scrap quotations by $2-5/mt, while the other two producers have kept their prices unchanged. As a result, ship scrap purchase quotations in Turkey have decreased by $2/m on the lower end to $240-251/mt, for delivery to mill by truck.

In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows: 

Producer

Price ($/mt)

Price change ($/mt)

Ozkan Demir Celik

240

-5

Habaş

251

0

Ege Çelik

240

-2

IDC

250

0

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

AyçaÖzbay
Ayça Özbay
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I graduated from the Faculty of Business Administration at Istanbul University and have been part of SteelOrbis since 2014. After six years in the Content Team, I joined the Market Intelligence department, where I now serve as Head of Ferrous Scrap Market Intelligence. In my role, I lead our global ferrous scrap market intelligence activities, overseeing price assessments, market analysis, and forecasting while working closely with industry participants across international markets. My focus is on tracking global ferrous scrap trade flows, pricing dynamics, and supply-demand fundamentals, providing data-driven insights that help market participants navigate an increasingly complex steel industry.

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