Turkey’s ship scrap market moves up further

Friday, 07 May 2021 16:02:56 (GMT+3)   |   Istanbul

One Izmir-based Turkish mill has increased its ship scrap purchase prices further today, May 7, by $9/mt. The other local producers have kept their quotations unchanged, and prices in the Turkish ship scrap market are now in the range of $390-445/mt. Since the beginning of May, four out of five mills in the region have increased their prices by $25-44/mt in total, while Ozkan Demir Celik has kept its prices stable since its upward revision announced on April 5.

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

390

0

Habaş

436

0

Ege Çelik

435

0

IDC

445

+9

Cebitas

425

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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