Author: Rounak Gairarey
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South Asia: Ship breaking buyers turn active, prices rally
Ship breaking prices in South Asian markets have increased by $10-20/LT w-o-w on improved trade activities amid increased tonnages. India SteelMint’s weekly price assessment showed, increased in imported ship breaking offers by $10/LT w-o-w in India & stood at around $360/LT for containers, $330/LT for Dry bulk and $350/LT for Tanker. The Indian Rupee against…