{"id":71064,"date":"2026-07-07T18:24:42","date_gmt":"2026-07-07T12:24:42","guid":{"rendered":"https:\/\/biztrend24.com\/?p=71064"},"modified":"2026-07-07T18:24:42","modified_gmt":"2026-07-07T12:24:42","slug":"south-asian-ship-recycling-markets-witness-mixed-trends","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=71064&lang=en","title":{"rendered":"South Asian ship recycling markets witness mixed trends"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Monsoon continues to limit Indian beaching activity<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Import duty revisions challenge Pakistan&#8217;s recycling sector<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>South Asian ship recycling markets showed mixed trends in the week ended 7 July. Bangladesh&#8217;s outlook improved on expectations of higher vessel arrivals, India remained the most competitive destination despite monsoon disruptions, while Pakistan faced pressure from cheaper imported steel following recent duty revisions.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-767049 size-full\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/07\/image-2026-07-07T133733.052.png?resize=600%2C299&#038;ssl=1\" alt=\"\" width=\"600\" height=\"299\" \/><\/p>\n<p>Alang remains competitive despite weaker rupee:<\/p>\n<p>Ship recycling activity at Alang remained steady during the week, although the monsoon continued to limit beaching activity. Local steel plate prices softened to around INR 36,700\/t ($385\/t), keeping India the most competitive ship recycling destination in the Indian subcontinent. The price gap with Pakistan widened to nearly $310\/LDT, while over 110 valid Statements of Compliance (SoC) continue to support Alang&#8217;s appeal for post-monsoon vessel arrivals.<\/p>\n<p>India also advanced its long-term ship recycling ambitions by seeking EU approval for additional recycling yards. Over 30 facilities have applied, with six under assessment and three having completed the compliance process, supporting future access to EU-flagged vessels.<\/p>\n<p>Meanwhile, the Indian rupee weakened against the US dollar, while post-monsoon vessel arrivals are expected to support recycling activity in the coming months.<\/p>\n<p>Bangladesh: Vessel arrivals improve as Gulf traffic normalises:<\/p>\n<p>Ship recycling activity in Bangladesh improved during the week as vessel arrivals resumed following the normalisation of shipping through the Strait of Hormuz. Around 550 merchant vessels, including 200 bulk carriers and 160 tankers, are expected to exit the Gulf, supporting higher recycling volumes in the coming weeks. Chattogram yards received the Zamrud (28,858 LDT) and ERGY (31,341 LDT), while Andhika Paramesti remained the latest benchmark sale at $460\/LDT.<\/p>\n<p>Market sentiment remained positive, supported by firm domestic steel demand and smooth LC availability. Although local plate prices eased to BDT 66,000\/t ($536\/t), participants expect recycling activity to strengthen as post-monsoon vessel arrivals increase.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-71066\" src=\"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182329.454.jpg?resize=640%2C360&#038;ssl=1\" alt=\"\" width=\"640\" height=\"360\" srcset=\"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182329.454.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182329.454.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182329.454.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182329.454.jpg?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Gadani recyclers face pricing pressure from cheaper imports:<\/p>\n<p>Ship recycling activity at Gadani remained steady during the week, with local steel plate prices holding at around PKR 195,000\/t ($702\/t). Recent arrivals included the Jenny Lucky and Ladonna bulk carriers, while recyclers monitored the impact of Pakistan&#8217;s revised import duty changes.<\/p>\n<p>Although no direct policy changes targeted the ship recycling sector, lower import duties on melting scrap and steel products are expected to intensify competition from imported steel, putting pressure on recycled steel demand and Gadani&#8217;s plate prices in the coming weeks.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-767060 size-full\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/07\/image-2026-07-07T134402.503.png?resize=622%2C198&#038;ssl=1\" alt=\"\" width=\"622\" height=\"198\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monsoon continues to limit Indian beaching activity Import duty revisions challenge Pakistan&#8217;s recycling sector South&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71065,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-71064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=1280%2C720&ssl=1?v=1783427051",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?resize=150%2C150&ssl=1?v=1783427051",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=300%2C169&ssl=1?v=1783427051",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=640%2C360&ssl=1?v=1783427051",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=640%2C360&ssl=1?v=1783427051",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=1280%2C720&ssl=1?v=1783427051",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=1280%2C720&ssl=1?v=1783427051",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?resize=1115%2C715&ssl=1?v=1783427051",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?resize=800%2C500&ssl=1?v=1783427051",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=1024%2C576&ssl=1?v=1783427051",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?resize=540%2C340&ssl=1?v=1783427051",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?resize=400%2C250&ssl=1?v=1783427051",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T182402.635.jpg?fit=1280%2C720&ssl=1?v=1783427051","jetpack-related-posts":[{"id":67713,"url":"https:\/\/biztrend24.com\/?p=67713&lang=en","url_meta":{"origin":71064,"position":0},"title":"Monsoon season curtails activity across South Asian ship recycling hubs","author":"Biz Trend 24","date":"June 9, 2026","format":false,"excerpt":"Post-Eid activity recovers at slower pace Recyclers await improved post-monsoon opportunities The Indian subcontinent ship recycling market remained subdued during the week, with monsoon-related disruptions and the post-Eid slowdown limiting activity across major recycling hubs. While Bangladesh and Pakistan continued to show firm demand and stable market fundamentals, vessel availability\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-94.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-94.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-94.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-94.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-94.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":70042,"url":"https:\/\/biztrend24.com\/?p=70042&lang=en","url_meta":{"origin":71064,"position":1},"title":"India: Alang&#8217;s ship-breaking scrap prices rise amid reports of power curbs","author":"Biz Trend 24","date":"June 30, 2026","format":false,"excerpt":"Punjab mills informed of possible power cuts once or twice a week Semis, finished steel prices inch up, supporting scrap prices Ship-breaking melting scrap prices in Alang strengthened on 30 June 2026, with HMS (80:20) assessed at INR 34,200\/t ex-yard, up INR 200\/t d-o-d. 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According to BigMint's assessment, HMS (80:20)\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-59-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-59-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-59-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-59-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-59-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":67310,"url":"https:\/\/biztrend24.com\/?p=67310&lang=en","url_meta":{"origin":71064,"position":5},"title":"India: Melting scrap prices remain stable d-o-d in Alang","author":"Biz Trend 24","date":"June 7, 2026","format":false,"excerpt":"Ship-breaking melting scrap prices in Gujarat's Alang remained unchanged at INR 35,600\/t ($375\/t) ex-yard on 6 Jun'26. Prices of semi-finished steel and finished steel products also remained largely stable. Despite average trading activity in the scrap market, balanced demand-supply dynamics and steady steel prices supported a stable pricing trend in\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-23.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-23.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-23.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-23.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-23.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71064"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71064\/revisions"}],"predecessor-version":[{"id":71067,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71064\/revisions\/71067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/71065"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}