One Turkish mill cuts ship scrap price, another returns to the market

Tuesday, 22 June 2021 12:28:15 (GMT+3)   |   Istanbul

During the past week, the general price range in Turkey’s ship scrap market has remain stable at $450-480/mt. One mill in Turkey’s Izmir region decreased its prices by $5/mt to $450/mt, while Ozkan Demir Celik returned to the market today, June 22, for ship scrap purchases with its price also at $450/mt. Market sources state that ship scrap flow to producers is quite strong, while the $30/mt gap between the lower and higher ends makes little difference in terms of the tonnages received by the mills.

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

450

-

Habaş

480

0

Ege Çelik

450

-5

IDC

480

0

Cebitas

450

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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