Turkish ship scrap prices decrease further by $5-11/mt

Friday, 22 January 2021 14:20:05 (GMT+3)   |   Istanbul

Today, January 22, Izmir-based Turkish mills have reduced their ship scrap purchase quotations by $5-11/mt as compared to the levels recorded on January 20. Currently, the general range of ship scrap purchase quotations is $430-437/mt. The total decrease in Turkey’s Izmir region for ship scrap purchase prices since the day the downtrend began on January 15 is now $18-30/mt.

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

435

-5

Habaş

437

-11

Ege Çelik

433

-10

IDC

435

-10

Cebitas

430

-10

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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