Another small increase in Turkey’s ship scrap market

Wednesday, 01 February 2023 15:47:06 (GMT+3)   |   Istanbul

Local mills’ general purchase price range in Turkey’s ship scrap market is currently at $390-415/mt for delivery to mill by truck, $5/mt higher on the upper end. The lower end has not changed due to IDC’s stable price strategy. Meanwhile, other producers’ prices are now in the range of $408-415/mt, indicating a $18-25/mt gap compared with IDC’s price. Turkey’s ship scrap market has some slight room for another increase due to the firmness of deep sea scrap quotations.

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

408

+3

Habaş

415

+5

Ege Çelik

410

0

İDÇ

390

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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