Turkey’s ship scrap prices increase in line with other scrap prices

Wednesday, 15 November 2023 16:46:45 (GMT+3)   |   Istanbul

Most Izmir-based Turkish steel producers have increased their ship scrap procurement prices by $10-13/mt since November 6, while one of them has kept its price stable. The general range is now at $350-370/mt from the range of $350-360/mt previously, for delivery to mill by truck. The upward movement of ship scrap prices is a reflection of the increases recorded in the deep and short sea segments. 

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  

370 

+10 

Ege Çelik  

370 

+13 

İDÇ  

350 

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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