Complications Still Hampering the Indian sub-continent Ship Recycling Markets
The ship recycling market is still facing complications. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as India celebrates the ‘Chandrayaan-3’ mission to the Moon, making space history being the first nation to land at the Moon’s South Pole, no such celebrations are paramount from the Alang recycling yards with local market sentiment remaining cautious. There is currently no serious demand of the finished products from the domestic rolling mills, hence the weaker price levels on offer. As such, one small step from Pakistan is evident, but ...
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