Demolition report dated 15 October 2021

The last quarter jump in local steel plate pries (and at varying degrees) seems to have swept across all major recycling markets (including China) this week. The jump in levels varied from as little as USD 5/Ton from the Chinese market, all the way to USD 30/Ton on the Turkish end, with the sub-continent markets bridging the gap.

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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