Turkish ship scrap quotations move up, upper end hits $410/mt

Friday, 15 December 2023 09:59:08 (GMT+3)   |   Istanbul

Two Izmir-based producers have raised their ship scrap procurement prices by $17/mt as compared to the levels recorded on December 6. The ship scrap procurement quotations increased on the upper end from $375-393/mt to $375-410/mt for delivery to mill by truck. İDÇ and Çebitaş are still representing the lower end.

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

390

0

Habaş 

410

+17

Ege Çelik 

410

+17

İDÇ 

375

0

Çebitaş

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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