Author: Romil Sethi
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South Asia: Shipbreaking import prices fall $15-20/LDT, w-o-w, on muted trading
Shipbreaking import prices in India, Pakistan and Bangladesh fell by $15-20/LDT w-o-w, as per SteelMint assessment. Recyclers lowered their offers in view of declining steel demand and correction in steel prices. The recycling market last week remained silent during the Eid holidays and a clear price direction will be determined when market players return to…