Turkey’s ship scrap prices continue to move up

Thursday, 24 December 2020 13:42:47 (GMT+3)   |   Istanbul

Today, December 24, producers in Turkey’s Izmir region have raised their ship scrap purchase quotations by $5-15/mt. As a result, ship scrap prices have increased to $440-445/mt. Ship scrap quotations in Turkey are expected to move in line with the deep sea segment, which has risen to $473/mt CFR by an ex-US deal disclosed to the market today. The scrap flow from Aliaga - is stable, market sources state.

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

443

+15

Habaş

445

+10

Ege Çelik

445

+5

IDC

445

+5

Cebitas

440

+10

 

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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