scrap

Americas

Keystone XL Pipeline, canceled by Biden, may yield 48,000 tonnes of scrap

25/01/2021

by Allister Thomas

The scrapping of the Keystone XL pipeline by Joe Biden not only means the end of multibillion-dollar pipe dream for TC Energy Corp. -- it also leaves behind 48,000 tons of steel.

Asia

Unemployed oil tankers about to get scrapped on beaches in Asia

25/01/2021

by Bloomberg

Covid-19 is destroying the market for tankers that deliver about a fifth of the world’s crude oil. The result is likely to be booming trade on the beaches of Bangladesh, India and Pakistan, where obsolete ships go to get blow-torched and sold for scrap.