Turkey’s ship scrap prices move up further

Friday, 24 July 2020 14:41:42 (GMT+3)   |   Istanbul

Turkey’s ship scrap purchase prices have increased further today, July 24, indicating a $3/mt rise. As a result, the general price range has increased on the upper end to $265-270/mt, for delivery to mill by truck. The total increase recorded in Turkey’s ship scrap quotations this week has reached to $10-15/mt. Cebitas, which has returned to the market after a long absence, has alone increased its prices by $10/mt, while the largest rise this week has been made by Özkan Demir Celik, with a total hike of $15/mt.

In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows: 

Producer

Price ($/mt)

Price change ($/mt)

Ozkan Demir Celik

265

0

Habaş

270

+3

Ege Çelik

268

+3

IDC

270

+3

Cebitas

268

+3

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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