Cheap Chinese steel exports shake Indian shipbreaking market with price hit

Glut of imported steel causes pessimism at Alang, while Chinese shipowners send ships to Bangladesh

Ship recyclers in India are struggling to compete against cheaply imported Chinese steel. — Ship recyclers in India are struggling to compete against cheaply imported Chinese steel.Photo: PHP Ship Breaking & Recycling Industries

Jonathan Boonzaier

Singapore

Published 8 July 2024, 09:29Updated 8 July 2024, 14:51

Ship recycling GMS Star Asia Shipbroking Best Oasis India