Sideways movement in Turkey’s ship scrap market

Tuesday, 03 August 2021 17:38:36 (GMT+3)   |   Istanbul

Since SteelOrbis’ previous report published on Friday, July 30, prices have remained stable in Turkey’s ship scrap market. Today, August 3, the general price range in Turkey’s ship scrap market is still at $450-470/mt. Market players have informed SteelOrbis that the $15-20/mt price gap in Izmir makes little difference in terms of scrap flow to producers.

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

455

0

Habaş

470

0

Ege Çelik

455

0

IDC

470

0

Cebitas

450

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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