Author: Rounak Gairarey
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South Asia: Imported scrapped ships’ offers rally by up to $40 w-o-w
Ship breaking prices in Asian markets saw an uptick of $10-40/LT. The prices for India increased sharply by $40/t, while the same for Bangladesh & Pakistan marked a hike of $10/LT & $25/LT, w-o-w, as per SteelMint’s weekly assessment. India India continued to remain on the top this week with several larger LDT dry units…