Turkey’s ship scrap market softens on the lower end

Monday, 13 June 2022 16:48:00 (GMT+3)   |   Istanbul

Today, June 13, two Izmir-based Turkish mills have reduced their ship scrap procurement price further, by $5-10/mt. pushing down ship scrap prices in Turkey to $390-400/mt, from the level of $400/mt.

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

390

-10

Ege Çelik

400

0

İDÇ

395

-5

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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