Demolition report dated 22 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.

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