Demolition report dated 2 June 2023

As the Bangladeshi budget of June 1st starts to be digested in full, it has been an altogether quieter week in Chattogram as local banks and Recyclers evaluate the outcome to ensure no unexpected surprises emerge, before committing afresh on tonnage – and thus far, none seem to be reported. 

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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