Small increase in Turkey’s ship scrap market

Tuesday, 31 January 2023 14:15:31 (GMT+3)   |   Istanbul

Turkish mills’ general purchase price range in Turkey’s ship scrap market is currently at $390-410/mt for delivery to mill by truck, $2/mt higher on the upper end. While most Izmir-based mills have increased their prices to accelerate ship scrap flow as compared to Friday, January 27, one of them has kept its ship scrap procurement quotation stable. Due to the increases observed in the deep sea segment, higher prices are possible in the ship sea 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

405

+5

Habaş

410

+2

Ege Çelik

410

+2

İDÇ

390

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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