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Weekly Demolition Reports

Best Oasis Weekly Recycling Market Report, 15 October 2021

The subcontinent recycling market is showing rapid signs of improvement as the demand for steel is soaring day by day

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 40, 2021

Athenian Shipbrokers SA Ship Recycling Weekly Report

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GMS Week 41 – SWING BACK??!!

After a couple of weeks of mixed performances in steel plate prices from the sub-continent markets where the industry witnessed Indian levels suddenly jump towards the end of last week, whilst both Pakistani and Bangladeshi markets saw their plate prices decline, this week, the respective pendulums appear to be swinging back. Bangladeshi plate prices finally steadied their recent month long decline through September, Pakistani plate made a small recovery and Indian levels plummeted nearly USD 25/Ton this week. In the West, Turkey spent another quiet, yet steady week, even though ...

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Best Oasis Weekly Recycling Market Report, 08 October 2021

The macroeconomic barometer indicates that the global demand for steel is going to remain buoyant as the key

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 39, 2021

Athenian Shipbrokers SA Ship Recycling Weekly Report

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GMS Week 40 – 1,000 UP!

The GMS Weekly Ship Recycling Report marks an incredible milestone as it celebrates its 1,000th issue this week! Since being established in Cumberland, Maryland and starting out as one of the first ship recycling weekly news editorials in the industry during the Spring / Early Summer of 2002, the GMS WEEKLY has grown in stature and following, to become the industry standard and we thank all our readers for being a part of our distribution list! We have seen markets rise and fall, ships bought and sold, regulations come and ...

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Best Oasis Weekly Recycling Market Report, 01 October 2021

The sharp volatility in Iron ore and steel prices has revealed the influence of China on the global commodity markets

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 38, 2021

Athenian Shipbrokers SA Ship Recycling Weekly Report

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GMS Week 39 – SHAKY WAKY!

As the sub-continent markets continue their dreary trudge towards the onset of Q4, the industry seems to have entered a confused and shaky state, as all sub-continent market sentiments seem to be headed in the same direction i.e. downwards. While all sub-continent locations have registered varying rates of reduction, Bangladesh seems to have taken it the worst, with sentiments there truly putting the brakes on some of the higher priced units on offer. On the other side and despite weakening levels of their own, both India and Pakistan seem to ...

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Best Oasis Weekly Recycling Market Report, 24 September 2021

The ship recycling market witnessed very limited activity this week as the owners and end buyers are both trying to ascertain the future

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 37, 2021

Athenian Shipbrokers SA Ship Recycling Weekly Report

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GMS Week 38 – FOURTH QUARTER DAWN!

Despite the recent downturns in the sub-continent markets, which have seen prices correct by as much as USD 25/Ton of late, levels still remain at historically impressive highs across the sub-continent markets. Not since the glory days of 2008 have we seen prices so high (when the USD 800/LDT mark was breached). Notwithstanding, levels in the mid USD 600s/LDT are still very impressive and are certainly the highest we have seen for nearly 12 years now. Yet, despite the pessimism from End Buyers, there is a permeating impression from some ...

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Best Oasis Weekly Recycling Market Report, 17 September 2021

Iron ore prices continue their free fall and are being a sentiment dampener for the subcontinent recycling market

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 36, 2021

Athenian Shipbrokers SA Ship Recycling Weekly Report

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GMS Week 37 – POST COVID REALITY!

After a wobbly late August that finally saw the recycling markets even off over the last couple of weeks, sub-continent markets (India and Bangladesh) witnessed a noteworthy drop in steel plate prices this week, as local sentiments started to increasingly take a step back, in anticipation of a further decline. As such, the general skepticism from Cash and End Buyers alike, is that the markets may have improved far too quickly of late and that the inevitable correction from such a firming may rear its ugly head in the near ...

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