The mid-year slump witnessed across all recycling locations has shown no signs of abating, with another poor showing (especially from the

India Market: The Indian iron and steel industry is facing tremendous pressure on account of increasing imports of foreign originated raw

Allied Shipbroking – Weekly SnP Statistics Report Week 28 2019

Another uninspiring week for the recycling markets in the Sub-Cont. Bangladeshi market still tried to cope with the changes in budgeting

Markets remain stuck in the quagmire this week, with local steel plate prices declining across all subcontinent markets and by about

India Market: The new budget has been announced, but market participants are appealing to further limit the tax burden on iron and

Allied Shipbroking – Weekly SnP Statistics Report Week 27 2019

Last week inactivity was the norm for most of the sub-cont. recycling markets, which are actively going through their monsoon season. In

India Market: The prices of local ferrous scrap has fallen whereas on the other hand prices of imported ferrous scrap is increasing !! In the new

Inclement weather has put much of the activity in the subcontinent markets on hold this week, as Bangladesh and Pakistan continue

Allied Shipbroking – Weekly SnP Statistics Report Week 26 2019

The previous week was one again dissapointing for most of the sub-cont. recycling markets during this painful monsoon season. In Bangladesh the

India market: Local market prices of ferrous scrap across the country is falling, which is not a good sign within the ship recycling industry and

The ongoing (and seemingly unending) decline being witnessed in the sub-continent markets showed no signs of slowing this week, with

Allied Shipbroking – Weekly SnP Statistics Report Week 25 2019