Ship scrap purchase prices in Turkey maintain their ongoing uptrend

Wednesday, 22 July 2020 13:51:49 (GMT+3)   |   Istanbul

Turkey’s ship scrap purchase prices have continued their ongoing upward trend today, July 22, indicating a $2-5/mt rise. As a result, the general price range is currently at $265-267/mt, for delivery to mill by truck.

Market sources state that the lively business in the local Turkish steel market, as well as positive indicators in the global commodity markets and increasing import scrap quotations have been reflected in the ship scrap segment.

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

265

+5

Habaş

267

+2

Ege Çelik

265

+5

IDC

267

+2

Cebitas

265

+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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