Global ship recycling tonnage dips 14% in Jan-Oct
Bangladesh rides IMF loan to procure tonnage. Indian demand drops as electric furnaces feel demand heat. Pakistan's economic crisis limits procurement. Short-term outlook on tonnage, prices mixed.
Dec 05, 2023 08:30
South Asia: Ship breaking prices remain stable w-o-w
South Asia's imported ship-breaking prices continue to remain stable. Over the past few weeks, the market has remained stable while tonnage levels have remained exceptionally low, as per GMS report.
May 25, 2023 10:00
Global ship recycling tonnage drops 25% y-o-y in Q1CY23
India strives to complete with Bangladesh. Bangladesh's demand seesaws, Pakistan remains mute. Demand may revive post-Eid.
Apr 14, 2023 10:00
Global ship recycling tonnage falls by half in 2022
Bangladesh, Pakistan see steepest decline in volumes. Currency volatility keeps buyers away. Turkey quake may impact volumes this year. Indian shipbreakers seen opting for greener methods.
Mar 07, 2023 08:30
India surpasses Bangladesh to become top ship recycler in 2022
Global ship recycling volumes drop around 50% y-o-y. LC a key issue stalling ship-breaking in Bangladesh. India, Pakistan, Bangladesh contributes over 90% of world ship recycling.
Jan 12, 2023 10:00
Taiwan Feng Hsin holds rebar, scrap prices for 3rd week
Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to roll over its rebar list prices and procurement prices for locally-sourced scrap for the third week over June 6-10 to monitor the market movement, a company official confirmed on June 7.
Jun 07, 2022 14:30
Taiwan Feng Hsin's rebar, scrap prices keep stable
Feng Hsin Steel, Taiwan's largest rebar producer and headquartered in Taichung, central Taiwan, has decided to hold its rebar list prices and procurement prices for locally-sourced scrap for the second week over May 30-June 2, a company official confirmed on Tuesday.
May 31, 2022 15:30
Taiwan Feng Hsin rolls over rebar, scrap prices
Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung, central Taiwan, has decided to roll over its rebar list prices and procurement prices for locally-sourced scrap for transactions over May 23-27, despite the drop in global scrap prices, a company official confirmed on Tuesda
May 24, 2022 15:30
Taiwan Feng Hsin's rebar, scrap prices down $17/t
Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung, central Taiwan, has decided to lower its rebar list prices and procurement prices for locally-sourced scrap each by another TWD 500/tonne ($16.8/t) for transactions over May 16-20, a company official confirmed on Tuesday.
May 17, 2022 14:30
Taiwan Feng Hsin cuts rebar, scrap prices by $10-13.5/t
Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung, central Taiwan, has decided to lower its rebar list prices and procurement prices for locally-sourced scrap again, slashing these by TWD 300-400/tonne ($10.1-13.5/t) for transactions over May 9-13 to reflect falling global s
May 10, 2022 17:15
Shipbreaking scrap prices: China