Author: Romil Sethi
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South Asia: Ship-breaking market active, prices up w-o-w
Ship-breaking import prices in Bangladesh, India and Pakistan saw an uptick by $10/t to $20/LTD, w-o-w. The subcontinent ship recycling market continues to touch newer highs every day with very few vessels being offered for recycling. However, Bangladesh is leading the price charts owing to the resumption of construction activities and supportive finished steel prices.…