Tag: South Asia: India edges ahead in ship recycling market buoyed by rising steel plate prices

The South Asian ship recycling market saw contrasting fortunes this week. India thrived with surging demand and competitive prices, potentially becoming the new leader. Bangladesh grappled with financial woes, lowering offers and facing a bleak June. Pakistan’s market took a backseat due to a weak Rupee and stagnant steel prices. India India’s ship recycling industry…