Slack demand negatively impacts Turkish ship scrap market

Friday, 02 October 2015 17:11:21 (GMT+3)   |   Istanbul
       

According to market sources, ship scrap prices in Turkey's Aliaga region - the only region in Turkey where ship scrapping is allowed - are currently in the range of $195-197/mt ex-yard. Turkish steelmakers' demand for ship scrap has been slack against the backdrop of the downturn in the finished steel market.

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