Tag: Chinese steel diversion
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South Asia ship-breaking market sees stability in Pakistan, activity in India, and stagnation in Bangladesh
Pakistan supported by strong plate prices and firmer PKR India secures large LDT units despite sanction concerns South Asia’s ship-breaking markets showed mixed sentiment, with Pakistan holding firm on fundamentals, India staying active despite tariff risks, and Bangladesh struggling under weak demand, currency pressure, and limited arrivals amid monsoon disruptions. Alang stays active with steady…