Tag: Gadani ship scrap

South Asia: Ship-recycling market sees mixed trends w-o-w; Bangladesh continues to top charts

Mar 18, 2025

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by

Adarsh Ramteke

in Ship Breaking

Chattogram sees steady demand despite currency woes Indian recyclers struggle amid falling steel plate prices South Asia’s ship-breaking markets faced mixed fortunes last week, with Bangladesh leading in both pricing and tonnage, while India and Pakistan continued to struggle under supply constraints and economic pressures. Notably, so far in Q1CY’25, Bangladesh has surpassed India and…