GMS Leadership

GMS Weekly – Week 52 (2020)

GMS Weekly – Week 52 (2020)

Market Commentary 28 December 2020 Source: GMS Leadership As Christmas holidays descend the world over, the sub-continent recycling markets are ending the year on a far happier and comparatively more of a bullish note than where they were come the mid-point of the...

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GMS Weekly – Week 51 (2020)

GMS Weekly – Week 51 (2020)

Market Commentary 21 December 2020 Source: GMS Leadership After a surge that saw the Bangladeshi market rise too fast too soon, in addition to some steady progress made from the firming Pakistani and Indian markets, sub-continent destinations seem to have finally...

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GMS Weekly – Week 50 (2020)

GMS Weekly – Week 50 (2020)

Market Commentary 14 December 2020 Source: GMS Leadership This week, as steel plate prices temporarily reversed in a previously rampant Bangladesh, the decline finally put the brakes on what was a surging market. As a result, local expectations have been somewhat...

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GMS Weekly – Week 49 (2020)

GMS Weekly – Week 49 (2020)

Market Commentary 07 December 2020 Source: GMS Leadership The dissolution of the cartel has seen prices shoot up in Bangladesh over this past week – perhaps to an irrational and somewhat speculative degree, as local levels cooled off towards the end of the week, in...

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GMS Weekly – Week 48 (2020)

GMS Weekly – Week 48 (2020)

Market Commentary 30 November 2020 Source: GMS Leadership Following a lackluster few quarters for the Bangladeshi market, demand has come surging back and prices in a cartel-less Chattogram shot up this week as local offers are no longer going through (or are...

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GMS Weekly – Week 47 (2020)

GMS Weekly – Week 47 (2020)

Market Commentary 23 November 2020 Source: GMS Leadership After exactly two months in operation, the cartel in Bangladesh has finally come to an end and End Buyers are free to offer their own prices, rather than relying on the lottery system / below-market prices on...

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GMS Weekly – Week 46 (2020)

GMS Weekly – Week 46 (2020)

Market Commentary 16 November 2020 Source: GMS Leadership Despite End Buyers talking markets down, deals continue to be done at ever more impressive numbers, as Cash Buyers keep prices on select units propped up, with increasing hints of levels breaching the USD...

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GMS Weekly – Week 45 (2020)

GMS Weekly – Week 45 (2020)

Market Commentary 09 November 2020 Source: GMS Leadership Markets remain in a curious state of stasis, as the final confirmation on the U.S. election victor (leaning towards Presidential hopeful Joe Biden) and further lockdowns across Europe threaten any...

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GMS Weekly – Week 44 (2020)

GMS Weekly – Week 44 (2020)

Market Commentary 30 October 2020 Source: GMS Leadership Following further bad news concerning the rapid and continued spread of Covid-19 in the Western world, leading to yet more lockdowns across Europe and other areas around the world, a momentous week lies ahead...

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GMS Weekly – Week 43 (2020)

GMS Weekly – Week 43 (2020)

Market Commentary 23 October 2020 Source: GMS Leadership As we approach the final months of the year, the Indian sub-continent recycling destinations have settled into a steady (but positive) pattern in the mid-to-high USD 300s/LDT, with some speculative positions...

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