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Take a look below at our Demolition Weekly Market Reports for Week 21 of 2019 (listed alphabetically):
Week 21 2019 (20th May – 24th May)
DEMOLITION QUICK UPDATE
It was predictable that a slowdown would be anticipated that would affect the recycling markets, especially with the monsoon season that has struck. Maximum capacity has been reached in Bangladesh, along with a decline in steel prices local Buyers hesitant, thus reducing China the price gap from its other competitors. News from the elections In India created optimism and local steel prices skyrocketed. To end, right when Pakistan had the chance to compete with the other sub-cont. markets, the currency…..
Source: Athenian ShipBrokers