Author: BigMint Technologies Pvt Ltd
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India: Ship Recycling Prices find Support on Strong Rupee
Alang Bulk ship recycling market seems to pick up some interest from cash buyers amid appreciation of Rupee against US dollar. Indian currency, which was trading to the level of 63.6 on 7 Janβ15, has reached to 62.09 levels against USD. Prices have been corrected by around USD 15/MT since the currency appreciate to 63.6…