Indian scrap prices have seen a slight uptick after several deals were clinched.
But any upturn may well be temporary and some eye-catching reported levels are largely due to bunkers and other materials remaining on board the vessels, sources said.
Brokers reported Malaysian owner Unifleet sending its 4,200-cbm ethylene carrier Gas Dollart (built 1990) to Indian breakers at $700 per ldt, or $1.74m.
