Author: Romil Sethi
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South Asia: Ship-breaking import prices fall further on weak market sentiments
Offers from recyclers of all recycling destinations saw a hit from the past four weeks due to their depreciating currencies, and falling steel demand. Amid such market sentiment, ship breaking import prices fell by $10-20/LDT in India, Bangladesh and Pakistan. India steel prices under pressure The bids from end buyers continue to remain low. A…