Author: Romil Sethi
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South Asia: Imported ship-breaking prices slip $10-25/LDT, w-o-w amid sluggish trends
Ship recycling prices are on a downtrend from the past two weeks. Ship-breaking import prices in India, Pakistan and Bangladesh fell further by $10-25/LDT, w-o-w. India market bearish The decline in domestic steel plate prices is the major reason behind the recent drop in prices. However, India still remains the top recycling market in South…