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Demolition report dated 6 March 2020

10 March 2020

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.

Demolition report dated 28 February 2020

02 March 2020

As international stock markets suffered some of the worst losses since the financial crisis of 2008, international recycling markets are reacting in a similarly negative fashion, with the Indian Rupee and Turkish Lira tumbling drastically, local steel prices reversing, and an almost complete lack of serious offers coming forth from Recyclers looking for tonnage. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 21 February 2020

24 February 2020

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.

Demolition report dated 14 February 2020

18 February 2020

After a rather positive start to the year (particularly for the rampant Indian market), subcontinent fundamentals have been reflecting weakened global shipping sentiments as declining steel plate prices and a diminishing demand on the back of a massive supply of vessels has suddenly ushered markets into negative territory. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 7 February 2020

11 February 2020

Shaky fundamentals, not only in the freight markets, but also the overall international economy, have finally started to seep into the recycling markets this week, with falling steel plate prices (in India and Bangladesh), nervy offerings, and troubled deliveries of late. 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 January 2020

10 February 2020

International uncertainties have seeped through to the recycling markets this week as some dramatic reversals in both sentiments and pricing rocked the industry, leaving Cash Buyers who have bought some expensive tonnage and Ship Owners with fresh vessels to sell, suddenly find themselves chasing down the market. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 24 January 2020

27 January 2020

A sudden surge of tonnage pre-Chinese New Year holidays has started to put pressure on recycling markets once again, particularly as the already limited number of Recyclers of large LDT tonnage has started to get booked up. 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 January 2020

27 January 2020

It has been another positive week across the Indian subcontinent ship recycling locations, with further improvements on levels and demand, particularly on favored container vessels that have been making the rounds of late. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 10 January 2020

14 January 2020

The exuberance displayed during the final few weeks of 2019 and the onset of 2020 has showed no signs of abating, with several increasingly impressive sales taking place at ever increasing numbers. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.