Tag: South Asia imported ship breaking
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South Asia: Imported ship-breaking market reflects mixed trends
South Asia’s ship-breaking market reflected positive trends in recent weeks, as prices moved up by $10/t, particularly in India and Bangladesh, as per a recent GMS report. During the week, Bangladesh was the prime market-mover, with prices moving higher, and demand rising gradually which contrasts with a gloomy Pakistan market where L/C clearances are suffering…