Demolition prices slip to USD 525 per LDT in India despite policy change
On 18 November, India’s government removed export tariffs on iron ore and some intermediary steel products. However, this was not enough to keep domestic ship demolition prices from dropping to USD 525 per Light Displacement Tonnage (LDT) at the end of November, 7.9% lower than at the end of October.
MEMBER SECTION
If you are a member, please login using the orange button at the top of the page to view the full article, or register.
If you are unsure of your membership, or wish to become a member, please contact membership@bimco.org.
Feedback or a question about this information?
Posted:
01 December 2022
BIMCO's Shipping number of the week
Latest market analysis
ELSEWHERE ON BIMCO
Contracts & Clauses
All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.
Learn about your cargo
For general guidance and information on cargo-related queries.
BIMCO Publications
Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.
