Turkey’s ship scrap price stable, though one mill cuts its quotation

Wednesday, 09 June 2021 17:04:14 (GMT+3)   |   Istanbul

In Turkey’s Izmir region, local steel producer Ege Çelik has reduced its ship scrap quotation by $5/mt as compared to yesterday, June 8, while the other local producers have kept their prices stable in the same period. Despite this change, the general price range in Turkey’s ship scrap market has remained stable at $450-480/mt, though there are now only two mills that represent the upper end at $480/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

455

0

Habaş

480

0

Ege Çelik

455

-5

IDC

480

0

Cebitas

450

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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