Turkey’s ship scrap market remains stable

Thursday, 15 September 2022 14:37:57 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published yesterday, September 9, Turkey’s ship scrap market has remained stable at $345-350/mt for delivery to mill by truck. A $5/mt increase is observed for one mill but this move has not changed the general range. “We reduced our prices very quickly, maybe even hit the bottom for now,” an Izmir-based mill commented.

In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:

Producer

Price ($/mt)

Price change ($/mt)

Özkan

345

0

Habaş

350

0

Ege Çelik

350

+5

İDÇ

345

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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