Turkey’s ship scrap prices move up on the upper end

Wednesday, 16 February 2022 14:44:52 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on February 10, two Turkish mills have increased their ship scrap procurement prices, while the others have kept them stable. The increases in question were by $5/mt. The general purchase price range of local steel producers is now at $465-501/mt, indicating a $6/mt rise on the upper end. The revisions were made to secure domestic scrap flow to mills, market players stated.

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

495

0

Habaş

501

+5

Ege Çelik

500

+5

IDC

495

0

Cebitas

465

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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