Author: Romil Sethi
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South Asia: Ship-breaking import prices fall further by $5-15/LDT, w-o-w, on dull demand
Ship-breaking import prices in India, Pakistan and Bangladesh fell by $5-15/LDT, w-o-w. The ship recycling market is experiencing significant price corrections. The offers from recyclers have reportedly come down in the past two weeks. However, it has been said that the there is shortage of units in the recycling market, resulting which the end-buyers have…