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The lackluster end to the year in sub continent recycling markets continues for another week as disappointed owners and cash buyers face selling their inventory into markets where prices have slumped. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The lethargy in sub continent recycling markets continues for another week as owners and cash buyers continue to offload tonnage at spiraling prices, chasing down rates seemingly by the day. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Sub-continent markets appear to be more tentatively poised this week, with a cooling demand and lower levels that are increasingly reflective of domestic steel prices and have likely peaked. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
This week, despite the rapidly escalating Covid-19 crisis across much of Asia, steel plate prices continue their upward trajectory once again for the second running week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
After exactly two months in operation, the cartel in Bangladesh has finally come to an end and End Buyers are free to offer their own prices, rather than relying on the lottery system / below-market prices on offer from the cartel, that saw them secure nearly no vessels during their relatively short-lived existence. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Markets continue their seemingly uncontrolled downward spiral this week, with steel plate prices losing massive ground in India, and Bangladesh hardly offering any reasonable rates on available units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The markets appeared to apply the necessary brakes as there appeared to be no further weakening in sub-continent prices and sentiment The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
