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The lackluster end to the year in sub continent recycling markets continues for another week as disappointed owners and cash buyers face selling their inventory into markets where prices have slumped. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
With holidays underway across much of the world, it has been a far quieter week in terms of sales & activity, whilst sentiments and pricing remain further muted as a result. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
As we close out another year, sub-continent markets remain suspended at their weakest point for some time now. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Another woeful week of declining sentiments has left all of the major global ship-recycling markets on edge as the industry approaches the summer / monsoon months in the sub-continent. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Despite hopes that the markets may be on the rise once again, alarming reversals across all (subcontinent) locations over the past month seem to be firmly signaling the opposite. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
After an extended period of withering optimism, this week, several sales at curiously high numbers seems to suggest that certain Cash Buyers are confident about a return to form for the market. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The traditional year-end exuberance from the subcontinent markets has yet to officially materialize, given the ongoing uncertainty with local fundamentals that has ensured prices and demand remain relatively subdued. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Markets remain positioned some ways away from their recent peak with different factors affecting each location, and this is subsequently pulling prices across the board, lower by the day. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Activity and sales seemed to gain momentum this week – perhaps with the anticipation of firming levels in the near future. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
A few (perhaps overdue) signs of a market softening started to emerge from the various sub-continent locations this week The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
