Tag: ship recycling industry
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South Asia: Ship-breaking sector sees mixed trends w-o-w; India struggles, Pakistan recovers slowly
Indian buyers stay away amid currency volatilities Bangladesh’s volumes high despite political unrest South Asia’s ship-breaking markets faced mixed sentiments during the week. India’s Alang market remained subdued, with pressure on offers, while Pakistan showed signs of recovery, though challenges persisted. Bangladesh continued to see active local buying, especially for smaller vessels. Alang market remains…