Demolition report dated 20 September 2024
On the Macro end of the global ship recycling front, fundamentals remain shaky as Indian and Pakistani steel plate prices reported unexpected (and surprising) moves bought on by the 30% tariffs levied on a variety of goods being imported from China, and the U.S. Dollar continues to belly dance around the various recycling nation currencies reporting the (comparatively) worst week for the Bangladeshi Taka, as the interim government continues struggling to control the currency since May.
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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Posted:
23 September 2024
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