Turkey’s ship scrap prices fall sharply

Friday, 15 November 2024 15:57:44 (GMT+3)   |   Istanbul

Following the declining trend observed in Turkey’s deep and short sea scrap prices, Turkish mills have dropped their ship scrap purchase prices sharply. The general price range has declined by $10/mt on the upper end to $365-370/mt, with only one Turkish mill keeping its price stable week on week.

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

365

-10

Habaş 

365

-15

Ege Çelik 

370

-5

İDÇ 

365

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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