One Turkish mill revises ship scrap price, causing general range to drop

Monday, 25 November 2024 17:50:02 (GMT+3)   |   Istanbul

One Turkish mill in the Izmir region cut its ship scrap purchase price by $10/mt as compared to the levels announced on November 15. As a result, the general price range has declined by $5-10/mt to $360-365/mt since the previous upper end of the price range was represented by the producer in question which now represents the bottom 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

365

0

Habaş 

365

0

Ege Çelik 

360

-10

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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