Upper end of Turkish ship scrap prices hits $422/mt

Tuesday, 04 May 2021 14:49:07 (GMT+3)   |   Istanbul

One of Izmir-based mills Turkish has raised its ship scrap purchase prices today, May 4, by $30/mt to $422/mt, setting the new upper end for the local ship scrap purchase price range. The general range of prices in the Turkish ship scrap market is now at $385-422/mt as other local producers have kept their purchase quotations unchanged. The recent sharp upward revisions in Turkey’s ship scrap prices are the result of the increase observed in the local and import scrap markets.

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

390

0

Habaş

422

+30

Ege Çelik

420

0

IDC

420

0

Cebitas

385

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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