Author: Romil Sethi

South Asia: Imported ship-breaking prices hit 6-month lows on low sales, declining scrap prices

Jul 6, 2022

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by

Romil Sethi

in Ship Breaking

India, Bangladesh and Pakistan — the major recycling destinations — witnessed a drop in prices last week from recyclers due to the continual decline in international scrap prices. Ship-breaking import prices dropped by up to $10/LDT in India, and Pakistan while prices in the Bangladesh market dropped by $5/LDT. The prevailing offers are at nearly…