Tag: South Asia: Ship recycling market improves in Bangladesh and Pakistan

In South Asia imported ship-breaking market improvements in Bangladesh and Pakistan were overshadowed by a global shortage of available tonnage, creating uncertainty in pricing assessments. Recyclers are securing L/C approvals, leading to varied offers in the same region. Steel plate prices stabilised amidst geopolitical tensions, including U.S. retaliatory strikes in Syria and Iraq. Frequent attacks…