Demolition report dated 2 July 2021

Far from the traditionally expected slowdown during the monsoon / summer months, subcontinent recycling markets fired on at pace once again this week, and a slowdown in the supply of tonnage of late is likely contributing to some overly aggressive offerings from hungry End Buyers.

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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