Demolition report dated 15 July 2022

Given that there are a bare minimal number of even potential candidates floating around for End Buyers to work with, recycling markets appear to be settling for now, at levels well below USD 600/LDT for the most part – a negative differential of about USD 150/LDT from the peaks witnessed earlier this year.

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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