Turkey’s ship scrap prices remain unchanged

Wednesday, 23 March 2022 17:42:13 (GMT+3)   |   Istanbul

Since Friday, March 18, Turkey’s ship scrap prices have remained in the range of $495-640/mt, though one producer has increased its price by $10/mt to accelerate scrap flow to its yards. Market players stated that the ship scrap flow to Izmir-based producers’ yards is not that strong, “it can even be said that it is weak,” a SteelOrbis source commented. A price increase will be possible for ship scrap market when the flow is considered to reach insufficient levels. SteelOrbis believes that the current sideways movement in Turkey’s ship scrap market is linked to the relatively quiet import scrap segment.

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

600

0

Habaş

640

0

Ege Çelik

630

+10

IDC

640

0

Cebitas

495

0

All the above prices are for delivery to mill by truck.

AyçaÖzbay
Ayça Özbay
Editor
All Articles by the Author

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.

Marketplace Offers

Scrap

  Tin foil
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Burr
Tedarikçi GERDAU CORSA
View Offer

Scrap

  Industrial return
Tedarikçi GERDAU CORSA
View Offer

Similar articles

Turkey's import scrap market falls sharply in new ex-US and ex-EU deals

Two more Turkish mills out of ship scrap market

Ex-US scrap price decreases to $580-581/mt CFR Turkey

Global View on Scrap: Negative mood prevails in Turkish and Asian scrap markets

Negative mood in Turkey’s import scrap market, expectation of a price decrease strengthens

In Turkey’s new scrap deals, ex-US scrap price in line with other regions

Turkey’s ship scrap prices increase on upper end

Two Turkish mills increase their ship scrap procurement prices

Local Turkish scrap market moves up rapidly amid uncertainties

More price rises in Turkish domestic scrap market