Tag: shipbreaking tonnage
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South Asia: Shipbreaking markets show mixed trends; strong competition shapes buying activity
Q4 outlook improves for India’s shipbreaking market Firm steel plate prices support regional sentiment South Asia’s shipbreaking market showed mixed trends in late August, with India gaining momentum while Pakistan remained on balance while Bangladesh stayed subdued. Firmer steel plate prices and strong competition for vessels shaped regional buying activity. Alang shipbreaking market gains momentum …