Demolition report dated 7 July 2023
With many sub-continent yards still closed post Eid holidays, mixed in with the ongoing monsoon season, and all of it brewing in a stew of a total lack of tonnage, it has certainly been another lethargic and inactive week (and a majority of the year so far) for recycling sales as we enter the 3rd quarter of 2023 and prices being quoted are so unworkably below market expectations at present, a bounce back anytime soon seems unlikely.
The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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Posted:
10 July 2023
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