Tag: sanctioned vessels India
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South Asia: Ship recycling markets remain cautious; Bangladesh sees selective buying amid weak sentiment
India grapples with inflow of cheap, sanctioned vessels Cheap Iranian steel imports weigh on Pakistani market South Asian ship recycling markets remained cautious this week, with India showing stability, Pakistan facing pressure from cheap imports, and Bangladesh witnessing selective buying amid weak sentiment and economic uncertainty. Weekly updates India: Influx of cheap, sanctioned vessels prompt…