With the ongoing Indian slowdown, Pakistan quickly re adjusted their
numbers with demand slowing since the number of recent high priced and high LDT
tonnage concluded.
There is still demand for one or two of the larger units, particularly
VLCCs and suezmax tankers but little in the way of material sales concluded to
speak of.
As India opens up post Diwali in the coming week it may be that we see a
return to form for Pakistan buyers or perhaps a period of digestion until the
next round to buy comes about.
Source: Steel Guru. 20 November 2012
http://www.steelguru.com/middle_east_news/GMS_weekly_report_on_Pakistan_ship_breaking_industry_for_WEEK_46/292266.html
No comments:
Post a Comment