Tag: South Asia ship-breaking market sees Alang lead

Alang leads in trades, but weakening rupee squeezes margins Gadani recyclers eye DASR approvals to attract fresh tonnage South Asia’s ship-breaking markets showed mixed sentiment, with Alang active but pressured by currency weakness, Gadani steady on strong plate prices and a stable currency, while Chattogram stalled amid weak demand and political uncertainty. Alang leads subcontinental…