One Turkish mill cuts its ship scrap purchase price, general range stable

Monday, 04 November 2024 17:09:09 (GMT+3)   |   Istanbul

One out of the four Turkish steel producers in the Izmir region that are currently accepting ship scrap into their yards has cut its purchase price by $5/mt as compared to October 31. This move has not changed the general price range which is still at $365-380/mt, with Habas representing the higher end. If the deep sea segment continues its stable trend, a similar trend may be seen for ship scrap prices in Turkey.

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

375

-5

Habaş

380

0

Ege Çelik

375

0

İDÇ

365

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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