South Asian Steel Industries

In the global shipbreaking market, South Asia has been referred to as the “World’s Ship Scrapping Yard”, with India, Bangladesh and Pakistan collectively dismantling and processing 73% of the total scrapped vessels dismantled globally in FY 2020 (Apr’19-Mar’20). As the...
Steelmakers in Pakistan, Bangladesh and India faced many challenges over the last 2 months due to COVID-19 lockdown, including having to suspend operations, difficulty in transporting raw materials, managing inventories and lack of demand in market etc. Consequently, the imported...