Tag: South Asia: Ship Recycling market witnessed mixed activity across regions
-

South Asia: Ship recycling market witnesses mixed activity across countries
Alang faces pressure from weak INR, soft steel prices Gadani sees renewed sales buoyed by low tariffs South Asia’s ship-breaking markets showed mixed activity this week, with Bangladesh and India remaining subdued due to weak fundamentals, while Pakistan’s Gadani market gained momentum supported by steady steel prices and lower tariffs. Fresh tonnage arrivals offer rare…