Turkey’s ship scrap prices rise significantly

Thursday, 03 March 2022 14:54:20 (GMT+3)   |   Istanbul

As SteelOrbis mentioned yesterday, March 2, the rapid increases in Turkey’s import scrap market have influenced the domestic ship scrap procurement prices of Turkish mills. With five Izmir-based producers today announcing upward revisions of $15-30/mt in procurement prices, the general ship scrap purchase price range of Turkish steel producers is now at $495-525/mt, up from yesterday’s levels of $465-505/mt.

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

Producer

Price ($/mt)

Price change ($/mt)

OzkanDemirCelik

510

+15

Habaş

525

+20

EgeÇelik

525

+20

IDC

525

+30

Cebitas

495

+30

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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