Slight drop in Turkish ship scrap market

Friday, 03 March 2023 15:58:47 (GMT+3)   |   Istanbul

With one mill adjusting its ship scrap procurement prices downwards by $5/mt, the general prices range in the Turkish ship scrap market is now at $425-450/mt for delivery to mill by truck. Ship scrap quotations in Turkey are expected to remain firm in the coming week, as a result of the strong sentiment in the deep sea scrap segment.

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

450

0

Habaş

425

0

Ege Çelik

450

0

İDÇ

450

-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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