Tag: South Asia: Ship recycling market witnesses slow activity

Alang stays active despite rupee, steel market pressures Gadani, Chattogram yards witness limited vessel arrivals South Asia’s ship-breaking markets showed subdued activity last week, with Alang leading despite rupee pressure. However, Gadani and Chattogram faced limited vessel supply, currency volatility, and cautious buyers. Overall, the tonnage recycled fell w-o-w across all three hubs. Alang faces…