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Demolition report dated 20 October 2023

23 October 2023

This week, all of the major recycling markets seemed to be deteriorating at the same time as steel plate prices in India declined for a second straight week, further deteriorating Indian sentiments and making Alang Buyers increasingly hesitant to offer firm once again. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 17 March 2023

21 March 2023

The ongoing surge in recycling rates has sustained for another week, even though a slight reduction in supply coupled with some volatility on steel plate prices (especially in India), seemed to put a minor dampener across markets over the last few days. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 25 March 2022

28 March 2022

It has been another challenging week in the sub-continent markets, with a resurgent India and a Bangladeshi market that is still reeling from some of the recent falls in local steel, which have seen nearly USD 50/LDT knocked off the prices this week alone The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 28 May 2021

31 May 2021

There is some emerging hesitation in the sub-continent markets this week, as the traditionally slower / quieter monsoon and summer months approach and the steady firming of steel prices seen over the past month or so, start to slow. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 11 December 2020

14 December 2020

This week, as steel plate prices temporarily reversed in a previously rampant Bangladesh, the decline finally put the brakes on what was a surging market. As a result, local expectations have been somewhat tempered there as the week ended. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 31 July 2020

03 August 2020

In the wake of the Coronavirus crisis and following a woeful decline in prices & demand during the second quarter of the year, all subcontinent locations have finally started to post increasingly positive returns this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 15 February 2019

18 February 2019

Markets have begun to stabilize in the sub-continent this week, with India gaining some ground off the back of steel plate prices that improved for much of the week, even though they ended the week at nearly the same levels. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.