Demolition report dated 26 November 2021

Over the recent weeks, following a sharp decline in Indian local steel plate prices (in excess of USD 60/LDT) has expectantly resulted in a sub-continent recycling sector that has been rocked and left many Recyclers spooked and opting to wait and monitor developments, rather than negotiate / commit on fresh 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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