News
GMS weekly report on Pakistan ship breaking industry for WEEK 07 2012 - 22 Feb, 2012
A handful of Pakistan buyers were still there to offer on units albeit at prices well below the expectations of both cash buyers, brokers and Sellers.

Indian prices picked up a touch off the back of a settling currency and improving steel plate prices something that dragged Pakistan levels with them.

The available candidates though were either holding out for higher numbers or headed to rival delivery ports with geographic positions of vessels now key with all markets currently close together on price.

(Sourced from GMS Weekly)





Today's News
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0blt1 Global HRB prices trending down in May
0blt1 BDI remain flat on May 18 2012
International News
0blt1 Indian steel price index down further by 11 points on May 17
0blt1 Chinese steel price index continue to decrease on May 17
0blt1 Tokyo Steel scrap price cut brings few reactions
0blt1 Taiwan purchase deep sea scraps at USD 475 per tonne CNF
0blt1 SC issues contempt notice to Mr Malik in PSM probe case


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 Currency Rate
19 May, 2012
 
USD
1.0000   
AUD
1.0164   
BRL
2.0089   
CAD
1.0208   
CNY
6.3278   
EUR
0.7889   
GBP
0.6344   
INR
54.7630   
JPY
79.4544   
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31.1196   
ZAR
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Source: http://www.xe.com
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