Demolition report dated 07 August 2020

Following nigh on USD 150/LDT being knocked off prices, subcontinent markets are currently poised on a much firmer footing this week, especially as the negativity and constant declines of the second quarter begin to be blown away with some of the incredibly aggressive offers on show.

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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