Prices decrease in Turkish ship scrap market

Monday, 22 June 2020 15:40:10 (GMT+3)   |   Istanbul

Today, June 22, most mills’ ship scrap purchase prices in Turkey’s Izmir region have decreased by $3-5/mt, while one mill in the region has decided to keep its prices stable. As a result, ship scrap purchase quotations in Turkey are now in the range of $255-257/mt, for delivery to mill by truck.

The quietness in the import scrap market and the downtrend seen in the local Turkish scrap market have been reflected in ship scrap purchase quotations.

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

255

0

Habaş

257

-3

Ege Çelik

255

-3

IDC

255

-5

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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