Turkish mills cut their ship scrap prices 

Wednesday, 06 December 2023 17:57:50 (GMT+3)   |   Istanbul

Two Izmir-based Turkish producers have cut their ship scrap procurement prices today, December 6, by $10-13/mt to $375-393/mt, moving down from $375-403/mt, for delivery to mill by truck. This move was not considered as a change of pricing strategy but as a downward correction to sustainhealthy scrap flow to yards. Also, Çebitaş is now back in the market with its price at $375/mt, delivered. 

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 

390 

-13 

Habaş  

393 

0 

Ege Çelik  

393 

-10 

İDÇ  

375 

0 

Çebitaş 

375 

- 

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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