Turkey’s ship scrap prices decline on upper end

Monday, 21 April 2025 14:39:50 (GMT+3)   |   Istanbul

Turkey’s ship purchase scrap prices declined by $5-10/mt on the upper end today, April 21, with two Turkish steel producers in the Izmir region cutting their prices. As a result, Turkey’s ship scrap purchase prices have declined to $340-342/mt. Following the second sharp drop in Turkey’s deep sea scrap prices, the previous upper end of ship scrap purchase prices at $351/mt became unworkable. It is thought that ship scrap prices may fall further in the coming days.

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

340

-5

Habaş 

340

0

Ege Çelik 

342

-9

İDÇ 

340

-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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