Author: Romil Sethi
-
South Asia: Imported ship-breaking market makes a comeback as buyers return, prices rebound w-o-w
The ship recycling market, after a long period of dull buying activity, saw demand revival as several buyers were seen enquiring and booking the tonnage. Ship-breaking import prices in India, Bangladesh and Pakistan were up by up to $10/LDT, w-o-w. Trade resumes in India Bids from Indian recyclers improved w-o-w backed by stable domestic steel…