Tag: shipbreaking industry 2025
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South Asia: Ship recycling markets witness muted demand, limited activity
Alang activity dips on currency, steel market volatility First Pakistani yard clears HKC hurdle but activity subdued The South Asian ship recycling markets showed caution this week as weak steel prices, currency volatility, and limited vessel inflows weighed on demand. India and Pakistan struggled with low offers and soft demand, while Bangladesh recorded higher arrivals…