Tag: ship scrap market June 2025

South Asia ship-breaking: Alang outpaces Gadani, Chattogram amid HKC challenges

Jun 17, 2025

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by

Adarsh Ramteke

in Ship Breaking

Alang’s falling prices attributed to weak steel demand Bangladesh hit by NOC issues, Pak introduces IHM rules South Asia’s ship-breaking markets remain under pressure as prices fall and tonnage supply tightens. Alang stays busiest despite weak margins, while Pakistan introduces Inventory of Hazardous Materials (IHM) rules and Bangladesh sees low arrivals despite progress on compliance…