Izmir-based Turkish mills cut ship scrap prices by $10/mt

Monday, 23 October 2023 15:49:37 (GMT+3)   |   Istanbul

Several Izmir-based Turkish steel producers have cut their ship scrap procurement prices further by $10/mt. Özkan Demir Çelik, which already represented the bottom end of the price range, has kept its prices stable. The general range is now at $350-357/mt for delivery to mill by truck, moving down by $10/mt on the upper end.

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

350

0

Habaş 

357

-10

Ege Çelik 

355

-10

İDÇ 

350

-10

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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