Tag: Alang ship scrap
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South Asia: Ship recycling market in Pakistan grinds to a halt; India faces supply crunch
Steel price recovery fails to revive Alang market Pakistan’s ship-breaking sector stalls amid geopolitical tensions South Asia’s ship-breaking markets are experiencing significant challenges, with tensions between India and Pakistan impacting trade and vessel supply. While steel prices show minor gains, economic instability, geopolitical issues, and tight margins are limiting market recovery, especially in Pakistan and…