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Demolition report dated 19 March 2021

22 March 2021

Markets have fired up once again this week, particularly in the impressive Bangladeshi market, which continues to outshoot its competitors (despite the best efforts of a resurgent Pakistan) and there are finally a couple of choice, large LDT units in the market to offer to hungry End Buyers.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 12 March 2021

15 March 2021

The upward trajectory has continued in most sub-continent markets this week – particularly in a resurgent Bangladesh, where local steel plate prices are at the highest levels they have been all year. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 5 March 2021

08 March 2021

This week, steel prices in Asian recycling markets (save for India) have shot back up again, as this rollercoaster year continues. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 26 January 2021

01 March 2021

As the decline in steel plate prices levels out for the time being, all of the sub-continent markets are in a far healthier position today than they were only a few weeks back The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 19 February 2021

22 February 2021

With Chinese New Year holidays drawing to a close, mills in China are starting to order product once again and it is no surprise to see steel plate prices in all of the sub-continent markets creeping back up as material starts to shift to one of the chief purchasers. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 12 February 2021

15 February 2021

Having endured a turbulent start to 2021, subcontinent ship recycling markets continue to gradually stabilize as levels settle in the low USD 400s/LDT The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 5 February 2021

08 February 2021

This week, the big news from the subcontinent markets concerns the announcement of the Indian budget, which proposes DOUBLING the capacity in Alang for taking in ships for recycling. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 29 January 2021

01 February 2021

After a few rotten weeks of constant declines across sub-continent markets, thankfully, this week appears to have brought with it a modicum of stability. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 22 January 2021

25 January 2021

Sub-continent markets have continued their depressing downward cycle this week, with virtually no fresh enquiries on currently available tonnage and previously concluded highpriced deals now starting to face problems, with several deals unfortunately failing from both Cash Buyers and End Buyers alike. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 15 January 2021

19 January 2021

Just as quickly as the markets came up over the last month or so, they have declined just as fast and sharply over the last couple of weeks - particularly in Bangladesh, which has essentially lost all of the pricing ground that this market had gained recently, in shocking and unexpected reversals this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.