A quieter overall week in terms of market sales could not disguise the demand from one or two buyers for the right units.
For tankers gas free for man entry in particular and larger bulkers there were buyers at the right prices but those levels were not drastically different from mooted Indian prices.
Gadani buyers have, as usual, positioned their numbers on a par with their Indian counterparts despite not suffering the drastic steel price reversals and depreciation of the currency.
Source:
http://www.steelguru.com/middle_east_news/GMS_weekly_report_on_Pakistan_ship_breaking_industry_for_WEEK_47/293238.html
