Turkish ship scrap prices move down

Wednesday, 20 January 2021 17:07:39 (GMT+3)   |   Istanbul

The downtrend which started last week in Turkey’s ship scrap market has continued in recent days against the backdrop of the decreases observed in the short and deep sea scrap segments. Accordingly, Izmir-based Turkish mills have reduced their ship scrap purchase quotations by $10-15/mt as compared to the levels recorded on January 15. Currently, the general range of ship scrap purchase quotations in Turkey is in the range of $440-448/mt. The ship scrap flow at Aliaga in the Izmir region is still strong, according to market players.

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

440

-10

Habaş

448

-15

Ege Çelik

443

-15

IDC

445

-15

Cebitas

440

-15

 

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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