Some Turkish mills reduce ship scrap procurement prices

Thursday, 09 December 2021 15:10:27 (GMT+3)   |   Istanbul

Since SteelOrbis’ last report published on December 6, two mills in Turkey’s Izmir region have decided to cut their ship scrap purchase prices by $10-12/mt, while the others have kept them unchanged. As a result, the general range in Turkey’s ship scrap market is now at $465-485/mt for delivery to mill by truck. “The decrease recorded in the deep sea segment may take its toll on ship scrap too in the coming period,” one source commented.

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

480

0

Habaş

475

-10

Ege Çelik

485

0

IDC

475

0

Cebitas

465

-12

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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