Uptrend in Turkey’s ship scrap market comes to a halt

Thursday, 15 December 2022 12:24:52 (GMT+3)   |   Istanbul

Having moved up by $35-37/mt since the beginning of the uptrend on November 29, Turkey’s ship scrap market has mostly moved sideways, with two Izmir-based mills reducing their ship scrap procurement prices by $3-5/mt, while another has decided to stop accepting ship scrap. The general range in Turkey’s ship scrap market is still at $370-375/mt for delivery to mill by truck.   

In Turkey's Izmir region, the ship scrap purchase prices of local steelmakers are as follows:    

Producer 

Price ($/mt) 

Price change ($/mt) 

Habaş 

375 

0 

Ege Çelik 

372

-3 

İDÇ 

370 

-5

 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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