One Turkish mill increases its ship scrap purchase quotations

Monday, 30 November 2020 14:52:53 (GMT+3)   |   Istanbul

A steelmaker in Turkey’s Izmir region has increased its ship scrap prices by $20/mt today, November 30, while others have kept their prices stable as compared to Friday, November 27. The steel producer in question, Ozkan Demir Celik, had not participated in the upward revisions announced last Friday, together with Cebitas, whose price still represents the lower end of the general price range. As a result, the local Turkish ship scrap market has remained stable in the range of $320-345/mt.

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

343

+20

Habaş

345

0

Ege Çelik

345

0

IDC

345

0

Cebitas

320

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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