Turkish ship scrap output to fall short of '13 target: association

Jul 03, 2013 | 01:59 PM | Cem Turken

Tags  ship scrap, shipbreaking, Gemisander, ship recyclers association, steel mills, ferrous scrap, Cem Turken

BURSA, Turkey — Turkey will produce significantly less ship scrap in 2013 than projected due to falling scrap prices, according to Turkish ship recyclers association Gemisander.

The association until recently estimated that Turkey would surpass its installed ship recyling capacity of 900,000 long dry tonnes (ldt) this year. However, the year-end production estimate has now been curbed to slightly more than 600,000 ldt, a spokesman for the association said July 2.....

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