Turkey’s ship scrap prices hit $430/mt on upper end

Thursday, 02 February 2023 15:48:12 (GMT+3)   |   Istanbul

With today’s price increases announced by Izmir-based Turkish mills, the general range in Turkey’s ship scrap market has increased to $390-430/mt for delivery to mill by truck. The lower end has not changed due to İDÇ’s stable price strategy. The uptrend in Turkey’s ship scrap market started on December 27, while the total price rise has reached $13-60/mt since then. Currently, the upper end of ship scrap procurement prices is higher than deep sea scrap purchase prices in deals.

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

430

+22

Habaş

415

0

Ege Çelik

430

+20

İDÇ

390

0

 All the above prices are for delivery to mill by truck.

AyçaÖzbay
Ayça Özbay
Editor
All Articles by the Author

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.

Similar articles

Turkey’s ship scrap prices increase along with other scrap grades

Turkish ship scrap market moves up to $360-365/mt

Turkish ship scrap market moves up slightly

Turkish ship scrap market consolidates at $358/mt

Turkish ship scrap market moves up slightly on upper end

Turkish mills’ ship scrap purchase prices increase to $355/mt

Two Turkish mills hike ship scrap purchase prices

One Turkish mill increases its ship scrap purchase price

Turkey’s ship scrap purchase prices remain relatively stable

One Turkish mill increases its ship scrap purchase price