Allied Shipbroking – Weekly SnP Statistics Report Week 12 2020

This week with Covid-19 spreading in Europe, recycling market face what is widely known as paralysis effect.

Markets continues to surface a downtime, Prices of ship plates is sinking.

Pandemonium has been sweeping across the globe this week, as an increasing number of ports worldwide have reported shut downs,

The previous week the recycling market was paralysed due to Covid-19 virus has shifted from China to Europe and US causing borders to,

Allied Shipbroking – Weekly SnP Statistics Report Week 11 2020

This week, Indian subcontinent ship recycling markets went into yet another freefall, echoing sentiments across international stock markets,

Prices of ship plates is continuously dropping on a weekly basis due to poor demand in the local market.

Allied Shipbroking – Weekly SnP Statistics Report Week 10 2020

This week recycling markets continued their downsloping course. The lack of serious offers along with the day changing rules for COVID-19

Markets continue their seemingly uncontrolled downward spiral this week, with steel plate prices losing massive ground in India,

Prices of 8-10 mm thickness ship plates dropped steeply in the current week… (A) INR to USD conversions were highly volatile this week with

Allied Shipbroking – Weekly SnP Statistics Report Week 09 2020

The international recycling market continues to move on the negative side, mainly due to lack of serious offers and the monetary turbulence.

As international stock markets suffered some of the worst losses since the financial crisis of 2008, international recycling markets are reacting