Author: Rounak Gairarey
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India’s Scrapped Ship Imports Increase in Oct’19 Amidst Drop in Offers
Alang – Gujarat, has registered sharp growth in imports of scrapped ships in Oct’19 and the volume rose by 148% M-o-M, as per customs data maintained by SteelMint. Fall in prices amid sufficient availability of ship breaking/ferrous scrap have led to increase in number of ships in Oct’19 which was coming for demolition in Alang,…