Turkish ship scrap market remains stable, though one mill hikes price

Friday, 07 October 2022 14:21:40 (GMT+3)   |   Istanbul

Since SteelOrbis’ report published on October 6, one Izmir-based Turkish mill has increased its ship scrap procurement price by another $5/mt. The general range in Turkey’s ship scrap market has remained stable at $355-365/mt for delivery to mill by truck. The total increase in the market has reached $10-20/mt since the beginning of the month when prices ceased their downward movement.

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

365

+5

Habaş

360

0

Ege Çelik

365

0

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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