Today’s bargain-basement ferrous scrap prices are weighing heavily upon the demolition sector, which historically has financed or subsidized the cost of demolition projects with the proceeds from ...

The construction industry uses a significant amount of the metal produced around the world each year, whether in the form of steel beams and plates, aluminum extrusions, copper wiring or red metal ...

There has been a near absence of the demolition activity in tanker market this year, Gibson Shipbrokers said in its latest tanker market report. The scrapping likely to remain at low levels in the ...

According to Braemar, 2011 is already a record year for dry bulk carrier demolition. In Jan-May 2011, 13.6m Dwt of bulkers have been scrapped, including 7.1m Dwt of Capesize (over 120k Dwt) bulkers.