Tag: 2024 ship recycling
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South Asia: Ship recycling markets face challenges; outlook bullish as HKC compliance deadline nears
India’s Alang yard witnesses low activity, steel prices drop Pakistan’s Gadani port remains empty, market struggles The ship recycling markets in South Asia continued to face significant challenges, with India, Pakistan, and Bangladesh all experiencing ongoing economic and market pressures. In India, Alang’s market remained subdued, grappling with low steel plate prices and a depreciating…