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Demolition report dated 9 April 2021

12 April 2021

The nationwide lockdown in Bangladesh has been extended until the evening of April 13th as Covid-19 cases continue to worryingly escalate in the country, whilst Bhavnagar on the other side has also imposed a curfew of its own, following the lockdown imposed in the state of Maharashtra (where Mumbai is) last week, possibly affecting the international departures of incoming crew. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 2 April 2021

06 April 2021

Rising Covid-19 cases across the sub-continent have led to further lockdowns in a number of countries, especially as certain areas (as seen recently with much of Europe) suffer from, what now seems to be a third wave of the virus, despite the increasingly positive impacts being reported from the rollout of the various vaccines globally, in addition to the lockdowns. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 26 March 2021

29 March 2021

Several large LDT sales have taken place this week, as Owners dip in to take advantage of the red hot sub-continent markets of the moment. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 19 March 2021

22 March 2021

Markets have fired up once again this week, particularly in the impressive Bangladeshi market, which continues to outshoot its competitors (despite the best efforts of a resurgent Pakistan) and there are finally a couple of choice, large LDT units in the market to offer to hungry End Buyers.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 12 March 2021

15 March 2021

The upward trajectory has continued in most sub-continent markets this week – particularly in a resurgent Bangladesh, where local steel plate prices are at the highest levels they have been all year. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 5 March 2021

08 March 2021

This week, steel prices in Asian recycling markets (save for India) have shot back up again, as this rollercoaster year continues. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 26 January 2021

01 March 2021

As the decline in steel plate prices levels out for the time being, all of the sub-continent markets are in a far healthier position today than they were only a few weeks back The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 19 February 2021

22 February 2021

With Chinese New Year holidays drawing to a close, mills in China are starting to order product once again and it is no surprise to see steel plate prices in all of the sub-continent markets creeping back up as material starts to shift to one of the chief purchasers. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 12 February 2021

15 February 2021

Having endured a turbulent start to 2021, subcontinent ship recycling markets continue to gradually stabilize as levels settle in the low USD 400s/LDT The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.