Tag: South Asia: Ship-breaking market remains subdued w-o-w; recycled tonnage rise in Sep’25

Alang stays busiest hub in Sep, with steady arrivals  Bangladesh remains subdued as HKC delays persist South Asia’s ship-breaking market was subdued last week, with Alang, Gadani, and Chattogram seeing limited activity. Falling steel prices, currency volatility, delays in Hong Kong Convention (HKC) compliance, and economic-political uncertainties weighed on buyers and tonnage. Meanwhile, South Asia’s…