by Guest » August 3, 2023, 10:22 am
Wayne Elliott on his Facebook page back in May mentioned that two ships would be heading to MRC this Summer. We know that one is the Tecumseh but the other we have to wait and see.
Highest prices for scrap metal is in the Indian Sub-Continent, but scrap prices around the Great Lakes would be different, based on demand from local steel mills.
One has to factor in the cost of environmental abatement, (asbestos, oil and chemical contamination - especially after a fire) when a ship is sent for demolition. I doubt shipping companies are getting any money out of the sale to MRC, in fact it could be costing them money.
Wayne Elliott on his Facebook page back in May mentioned that two ships would be heading to MRC this Summer. We know that one is the Tecumseh but the other we have to wait and see.
Highest prices for scrap metal is in the Indian Sub-Continent, but scrap prices around the Great Lakes would be different, based on demand from local steel mills.
One has to factor in the cost of environmental abatement, (asbestos, oil and chemical contamination - especially after a fire) when a ship is sent for demolition. I doubt shipping companies are getting any money out of the sale to MRC, in fact it could be costing them money.