Tag: Chinese steel imports

Influx of affordable Chinese steel intensifies competition India’s ship-breaking market witnesses massive surge in activity The South Asian ship-breaking sector witnessed a near-doubling of activity in October 2024,with India, Pakistan, and Bangladesh collectively dismantling 189,537 light displacement tonnes (LDT) – a staggering more than 150% jump from September’s 84,318 LDT. Despite this sharp m-o-m growth,…