|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)