Tag: ship recycling prices 2025

South Asian ship-breaking markets witness divergent trends amid regulatory shifts, monsoon blues

Jul 1, 2025

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by

Adarsh Ramteke

in Melting Scrap

Seasonal slowdown weighs on recycling prices in Alang Regulatory changes boost market sentiment in Pakistan South Asia’s ship-breaking markets show mixed trends, with Alang leading HKC-compliant recycling despite monsoon pressure on steel market, Pakistan attuning to regulatory shifts, and Bangladesh struggling with low prices, weak demand, and costly HKC compliance slowing down operations at yards.…