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As Diwali holiday celebrations concluded earlier in the week, Alang Recyclers seems to slowly be filtering back to work amidst declining plates prices, sentiments, and local offerings that remain stagnant. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
It has been a woeful week across all of the major ship recycling markets, with some tumultuous declines leading to minimal interest and offers on any available tonnage. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Another promising week passed in the sub-continent markets this week, with resurgent Pakistani and Bangladeshi (in particular) markets putting down some show stopping numbers on available units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
2014 turned out to be a very hectic year for the demolition market and it became clear just how volatile the market really can be. Previous experiences tells us the end of the year is usually one of the busiest moments for scrapyards, however in 2014 this effect was washed out by declining demolition prices.
It has been an increasingly static week in the Indian sub-continent ship recycling markets, especially after some early 2022 optimism displayed by a resurgent India in particular. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
We have seen the first signs of cooling in the Indian sub-continent markets this week, as steel plate prices declined by about USD 30/LDT in Bangladesh. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
This week, as lockdowns were once again extended at all subcontinent locations until May 15/16th, the toll on frustrated Ship Owners and Cash Buyers has started to tell. 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.
Despite the recent decline across all recycling sectors, SNP activity and deal flow remains comparatively high, especially as freight markets show few signs of improving anytime soon. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
For the first time this year, the top spot on the subcontinent demo rankings was relinquished as a beleaguered Bangladeshi market plummeted from first place down to last. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
