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Demolition report dated 7 September 2018

11 September 2018

Markets are precariously poised at present, with the depreciating Indian Rupee & volatile local steel plate prices bringing grave concern to Alang Buyers, while news of a ‘mini’ budget with a potentially negative outcome for Gadani’s ship recycling sector has started filtering through from Pakistan.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.