Author: Rounak Gairarey
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South Asia : Ship Breaking Offers Continue Downtrend Due to COVID-19
Imported ship breaking scrap prices declined by USD 10-30/LT in South Asian markets due to COVID-19 outbreak, last week’s report shows. Prices fell sharply by USD 30/LT in Turkey and by USD 20/LT in Pakistan. The same in India slipped by USD 10/LT on a weekly basis. Despite weak sentiments in the global market, few…