Tag: scrap ship prices South Asia
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South Asia: Ship recycling sentiment improves post-Eid, supply constraints persist
Vessel supply remains limited across region Compliance and caution shape buying decisions South Asia’s ship recycling markets showed improved sentiment this week, supported by post-Eid demand and stable domestic fundamentals. Bangladesh led with strong buying interest, while Pakistan gained from firm steel prices and a stable currency. India saw slight support from a stronger rupee,…