Tag: Alang tariffs impact
-

South Asia: Ship-breaking market remains subdued w-o-w; recycled tonnage falls in Aug’25
Trump’s tariffs, weak demand impact Alang’s activity Chattogram, Gadani continue to see limited arrivals South Asia’s ship-breaking market remained dull last week, with Alang, Gadani, and Chattogram seeing limited activity. Tariffs, weak steel demand, currency fluctuations, and political uncertainty continued to weigh on tonnage and buyer sentiment. Meanwhile, across the three recycling hubs, ship-breaking tonnage…