Ship scrap prices in Turkey consolidate at higher levels with slight uptick

Wednesday, 10 June 2020 14:53:39 (GMT+3)   |   Istanbul

The general range of ship scrap purchase prices in Turkey has indicated a very slight increase today, June 10, and consolidated at the level of $252/mt, up from $251-252/mt recorded yesterday. Some market sources state that this level is still on the low side and that prices may move up further in the coming days. Meanwhile, the ongoing lack of supply in the local Turkish scrap market and the uptrend in import scrap prices support local ship scrap 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

252

0

Habaş

252

0

Ege Çelik

252

+1

IDC

252

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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