Tag: scrap ship prices

South Asia: India’s ship-breaking segment sees higher arrivals in Feb’25; Pak, B’desh face pressures

Mar 5, 2025

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by

Adarsh Ramteke

in Ship Breaking

Currency depreciation, sluggish steel demand pressure India Approaching HKC deadline weighs on Pakistan, Bangladesh South Asia’s ship-breaking markets witnessed mixed trends in February 2025. While India saw higher arrivals m-o-m, the tonnage processed by Pakistan and Bangladesh fell significantly. India: In February 2025, India’s ship-breaking sector led with 144,683 light displacement tonnes (LDT), surging by…