Turkey’s ship scrap prices continue to rise

Thursday, 20 May 2021 17:42:59 (GMT+3)   |   Istanbul

Four out of five Izmir-based Turkish mills have raised their ship scrap purchase prices further since SteelOrbis’ report published on May 17, with the revisions in the range of $20-75/mt due to Ozkan Demir Celik’s move to adjust its price in line with the market. This has caused the general price range to increase from $400-460/mt to $450-480/mt. Since the beginning of May, producers in Izmir have raised their ship scrap purchase prices by $60-88/mt, depending on the mill.

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

475

+75

Habaş

480

+25

Ege Çelik

480

+20

IDC

480

+20

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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