Author: BigMint Technologies Pvt Ltd
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India: Bulk Ship Breaking Demand continues to weaken on Lower Imported Scrap Offers
Bulk ship breaking prices in Indian market continues to remain weak owing to falling imported Scrap prices and increase buying of Billet from China and Russia at a very competitive price. The major fall seen in Turkey where General and Tanker Ship breaking prices have declined by USD 30/MT. Containerized imported Scrap offers from European…