As anticipated,
demand from the Turkish market remained healthy through the first week of
August with only a few ships hitting the shores of Aliaga.
Since there was
neither a significant improvement in the supply of tonnage nor any significant
change in local steel plate prices or the local currency, the market remained
firm with a marked improvement in levels offered by end buyers, who remain
eager to acquire new tonnage.
Meanwhile, the
national elections, which took place during the weekend, are not expected to
negatively affect the local market in any way. As such, it remains whether
prices will continue to perform favorably throughout August.
Source: steel guru. 12 August
2014
http://www.steelguru.com/international_news/GMS_weekly_report_on_Turkey_ship_breaking_industry_for_WEEK_32/346453.html
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