Demolition report dated 23 October 2020

As we approach the final months of the year, the Indian sub-continent recycling destinations have settled into a steady (but positive) pattern in the mid-to-high USD 300s/LDT, with some speculative positions still being taken by various players once vessels start working firm, primarily due to a distinct lack of available tonnage at present.

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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