Local Turkish ship scrap market continues its sharp uptrend

Monday, 21 December 2020 14:58:58 (GMT+3)   |   Istanbul

Producers in Turkey’s İzmir region have raised their ship scrap purchase quotations significantly by $10-40/mt as compared to Friday, December 18, except for Habas which has decided to keep its quotations stable in this period. As a result, ship scrap prices have increased from the levels of $388-420/mt to $420-430/mt. Ship sea scrap purchase prices in Turkey have been revised upwards to maintain scrap flow as deep sea prime grade scrap prices have been increasing for some time now and as sentiment in the global steel markets is still positive.

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

428

+40

Habaş

420

0

Ege Çelik

430

+10

IDC

430

+10

Cebitas

430

+30

 

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

AyçaÖzbay
Ayça Özbay
Editor
All Articles by the Author

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.

Marketplace Offers

Scrap

  Tin foil
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Burr
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Industrial return
Tedarikçi GERDAU CORSA
View Offer

Similar articles

Ex-Baltic scrap prices in Turkey soften amid lack of buyer interest

Some Turkish mills increase local scrap prices to offset weaker lira

Ex-US scrap deal in Turkey concluded at close to $410/mt CFR

Prices in local Turkish scrap market remains stable on lira basis

Turkey's import scrap prices rise further as market sentiment remains firm

Turkey's first ex-US scrap booking after a long absence confirms firm prices

Local Turkish scrap prices unchanged on lira basis

Negative sentiments persist in Turkey's import scrap market

Negative import scrap sentiment halts domestic price uptrend in Turkey

Turkey's import scrap market drops as anticipated, further decline possible