Tag: global tariff pause impact
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South Asia: Ship-breaking market in India rebounds while Pakistan continues to face challenges
India shows strong recovery during 90-day tariff pause Pakistan struggles with no new arrivals and a weak PKR South Asia’s ship-breaking markets remained under pressure this week, as India rebounded strongly but Bangladesh faced delays in HKC approvals, and Pakistan slipped due to weak fundamentals and currency depreciation. Alang reclaims momentum with strong vessel arrivals…