Turkish mills’ ship scrap purchase prices rise by $5/mt on upper end

Friday, 01 December 2023 17:45:16 (GMT+3)   |   Istanbul

Two Izmir-based Turkish producers have increased their ship scrap procurement prices by $5/mt, with the range of ship scrap purchase prices in Turkey thereby increasing on the upper end to $375-380/mt from $375/mt, for delivery to mill by truck. As Turkey’s import and domestic scrap quotations are moving up sharply in past weeks, some Izmir-based producers are taking action to secure ship scrap tonnages.

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

380

+5

Habaş 

375

0

Ege Çelik 

380

+5

İDÇ 

375

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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