Demolition report dated 28 February 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.


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