Author: Romil Sethi
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South Asia ship-breaking: India turns active to secure deals on falling prices
Ship-breaking import prices in Bangladesh, India and Pakistan are down by $5-$15/LDT, w-o-w. The ship recycling market is experiencing volatility and uncertainty in prices and is going through a demand-supply chain disruption. Steel prices have seen a slight correction in the subcontinent with buyers remaining cautious due to price fluctuations and waiting for prices to…