Turkey’s IDC hikes its ship scrap purchase price to $446/mt

Wednesday, 08 September 2021 15:34:02 (GMT+3)   |   Istanbul

Since SteelOrbis’ previous report published yesterday, September 7, Turkish mill IDC has increased its ship scrap procurement price by $1/mt to $446/mt, the upper end of the range of local mills’ scrap purchase prices. Other producers have kept their prices stable. As a result, the general price range in Turkey’s ship scrap market is still in the range of $430-446/mt.

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

440

0

Habaş

446

0

Ege Çelik

445

0

IDC

446

+1

Cebitas

430

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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