Demolition report dated 12 May 2023

After some recent alarming declines in the sub-continent markets, we appeared to have reached the bottom early this week as a certain “stability” across the markets led to some greater confidence to acquire some of the slim pickings of tonnage currently available for recycling. 

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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