Industry
Indian Recyclers Are Bidding Into Losses as End-of-Life Tonnage Dries Up
High-standard Indian recycling facilities are bidding aggressively for the limited tonnage available even when the economics suggest a substantial loss at current steel prices.
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Industry
Indian Recyclers Gain Ground As Bangladeshi Yard Offers Soften
Ship recycling is shifting towards India as Indian steel plate prices rise and Bangladeshi yards cut their offers by ten to fifteen dollars per light displacement tonne.
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