Turkish ship scrap market moves down

Wednesday, 26 October 2022 11:17:53 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on October 18, two Izmir-based Turkish steel mills have decreased their ship scrap procurement prices by $5-13/mt. The general range in Turkey’s ship scrap market has moved down by $5/mt on the upper end to $355-365/mt for delivery to mill by truck.

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

360

-5

Habaş

365

0

Ege Çelik

357

-13

İDÇ

355

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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