Author: Rounak Gairarey

South Asia: Imported ship breaking offers up by $10/t w-o-w, on improved demand

Nov 24, 2020

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by

Rounak Gairarey

in Ship Breaking

Ship breaking prices in Asian markets saw an uptick over increased demand. The prices increased by $10/LT, as per SteelMint’s weekly assessment. India Our assessment showed an improvement in imported ship breaking offers in India. The offers stood at $370/LT for containers, $350/LT for Dry bulk and $360/LT for Tanker. The Indian Rupee remained firm…