Tag: ferrous scrap imports South Asia

South Asia: India leads ship-breaking market growth while Bangladesh struggles

Aug 5, 2025

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by

Adarsh Ramteke

in Ship Breaking

India drives Jul’25 scrap import surge Bangladesh struggles amid subdued sentiments South Asia’s ship-breaking markets showed mixed momentum last week. India continued to lead activity, supported by LNG arrivals and strong HKC yard capacity, while Pakistan held firm on steady fundamentals. Bangladesh, however, remained weighed down by weak steel demand and monsoon disruptions. South Asia’s…