Tag: South Asia: Ship-recycling market remains subdued in August

Trump’s tariffs, weak demand impact Alang’s activity Chattogram, Gadani continue to see limited arrivals South Asia’s ship-breaking market remained dull last week, with Alang, Gadani, and Chattogram seeing limited activity. Tariffs, weak steel demand, currency fluctuations, and political uncertainty continued to weigh on tonnage and buyer sentiment. Meanwhile, across the three recycling hubs, ship-breaking tonnage…