Turkey’s ship scrap market moves down on upper end

Thursday, 17 April 2025 13:53:44 (GMT+3)   |   Istanbul

Two Turkish producers in the Izmir region have cut their ship scrap purchase prices by $5-9/mt today, April 17, with Turkey’s ship scrap purchase prices thus declining by $7/mt on the upper end to the range of $340-355/mt. This decline in prices was anticipated by all market players due to the ongoing downtrend seen in deep sea and short sea scrap prices. Izmir-based producers traditionally support their scrap input by buying ship scrap, but the previous upper end of ship scrap prices at $362/mt had become unnecessarily high as compared to seaborn cargoes this week.

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

345

-5

Habaş 

340

0

Ege Çelik 

353

-9

İDÇ 

355

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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