FOCUS: Turkish domestic ship scrap prices to remain tied to import values

The correlation between Turkish domestic ship scrap prices and prices for scrap imported into the country is expected to continue next year, according to market participants.

Prices for domestic shipbreaking scrap in the country have been driven by imported scrap prices over the past year, ship recycling association Gemisander told Metal Bulletin (see graph). “The ship recyclers, located in Aliaga, Izmir, are supplying scrap to five steel mills in [the province]. The mills announce buy prices, but nobody would sell...

Published

Cem Turken

November 28, 2017

14:12 GMT

Mugla