Another Turkish mill raises ship scrap purchase price to $375/mt

Thursday, 08 December 2022 15:39:57 (GMT+3)   |   Istanbul

The general range in Turkey’s ship scrap market has remained stable at $370-375/mt for delivery to mill by truck, though one more Izmir-based mill raised its ship scrap procurement price by $5/mt to $375/mt to secure flow of scrap to its yard. Market players think there is still some small room for another increase in the ship scrap market in the coming days.

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

370

0

Habaş

375

0

Ege Çelik

375

0

İDÇ

375

+5

 

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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