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South Asian ship recycling markets continue to grapple with economic headwinds in New Year

Source: BigMint Jan 09, 2025 08:30

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Alang market remains resilient amid challenges. Pakistan market shows potential after World Bank loan.

The ship recycling markets in South Asia continued to face challenges last week. Alang showed steady activity with a slight decline in plate prices, while Pakistan's market showed signs of life but remained inactive due to financial pressure. Chattogram struggled with limited arrivals and stagnant prices, signalling a slow

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