Tag: Pakistan Shipbreaking
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Pakistan: Shipbreaking Industry at Gadani Remains Inactive, Local Scrap Prices Show Stability
In recent conversations, Steelmint has learned that Gadani has made no substantial impact on the local market following the mini-budget. No new sales have been reported, and Gadani has remained exceptionally inactive. It is expected that recyclers will have to start taking positions for March delivery tonnage at competitive market levels given the diminishing inventory…