Some extraordinarily speculative sales were registered this week as a few Cash Buyers (ones rumored to have fresh access to funding)

India Market: Indian market conditions stands stable with an improvement in demand for buying. Local steel prices have increased

Markets are precariously poised at present, with the depreciating Indian Rupee & volatile local steel plate prices bringing grave concern to Alang Buyers,

Allied Shipbroking – Weekly SnP Statistics Report Week 36, 2018

Demolition markets in the Sub.Cont had an uninspired week. In Pakistan recyclers were still focused on absorbing the already acquired tonnage,

India Market: All though the Indian Rupee has further dipped compared to the US Dollar i.e. currently trading at Rs. 71.86 / USD and traded at an

Allied Shipbroking – Weekly SnP Statistics Report Week 35, 2018

It was a quiet week for the Sub-Continent markets with the Eid holidays keeping the activity at low levels, with buyers in Bangladesh and

Following the conclusion of Eid holidays, unlike Turkey, in Pakistan and Bangladesh this week, prices and demand started to improve with

India Market: Indian Rupee has dipped by 2% compared to the US Dollar i.e. currently trading at Rs. 71/USD. Despite of weakening effect in Indian

Allied Shipbroking – Weekly SnP Statistics Report Week 33-34, 2018

Improvement of demolition markets in the Sub- Cont continued last week as a couple of reported sales suggested. India’s market was

Signs of life finally started to emerge from the subcontinent markets this week as prices in both Bangladesh and India showed marked

India Market: The Indian rupee continues to be volatile, Rupees has slightly strengthened compared to the dollar at the end this week.

Over the previous week, demolition markets displayed some signs of recovery, however this is not expected to last due to the Eid holidays