Turkey’s ship scrap prices increase further

Tuesday, 03 January 2023 14:52:55 (GMT+3)   |   Istanbul

Three Turkish mills have increased their ship scrap purchase prices by $4-5/mt to secure tonnages.  The general range in Turkey’s ship scrap market is now at $377-385/mt for delivery to mill by truck, up from the $375-381/mt range recorded on December 29. The total increase in the ship scrap market amounts to $5-15/mt since the uptrend began on December 23.

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

380

+5

Habaş

385

+4

Ege Çelik

385

+4

İDÇ

377

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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