Ship scrap price falls further in Turkey, one mill halts purchases

Monday, 23 March 2020 18:07:33 (GMT+3)   |   Istanbul

Today, March 23, ship scrap purchase prices in Turkey’s Izmir region have decreased further by another $5-12/mt as compared to Friday, March 20, to $214-235/mt, for delivery to mill by truck. It is notable that Turkish steel mill Habas has decided to keep its prices stable in this period, while Izmir Demir Celik (IDC) has decided to suspend its ship scrap purchases. Also, Cebitas is still out of the market.

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

215

-5

Habaş

235

0

Ege Çelik

209

-12

All the above prices are for delivery to mill by truck.

AyçaÖzbay
Ayça Özbay
Editor
All Articles by the Author

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.

Marketplace Offers

Scrap

  Metal Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Scrap

  Plastic Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Scrap

  Paper Scrap
Tedarikçi MCL DAVIS METAL RECYCLING LTD
View Offer

Similar articles

Ex-Baltic scrap prices in Turkey soften amid lack of buyer interest

Some Turkish mills increase local scrap prices to offset weaker lira

Ex-US scrap deal in Turkey concluded at close to $410/mt CFR

Prices in local Turkish scrap market remains stable on lira basis

Turkey's import scrap prices rise further as market sentiment remains firm

Turkey's first ex-US scrap booking after a long absence confirms firm prices

Local Turkish scrap prices unchanged on lira basis

Negative sentiments persist in Turkey's import scrap market

Negative import scrap sentiment halts domestic price uptrend in Turkey

Turkey's import scrap market drops as anticipated, further decline possible