Since the revival of Gaddani shipyard in
Balochistan, the shipbreaking industry has been
currently meeting 70% iron and steel requirements of the country,
Engineering Development Board (EDB) said in its report made public on Wednesday.
Pakistan Shipbreaking Association claims in the
report that about 12,000 workers are on work there. More than 50 big ships are
being hammered currently at Gaddani, the highest ever in 12 years.
The EDB said that 95% of the old scrap is recycled
and reused; the shipyard industry meets country’s demand for steel, steel
related products and non-ferrous products and machinery.
Pakistan Steel Mills now running in loss has not
been working on its full capacity and cannot fulfill country’s requirements, so
iron and steel obtained from the shipbreaking helps meet the high demand, the
report said.
Most of the steel re-rolling and re-melting mills
in Pakistan
“Purchasing even expensive vessels is profitable
because there is very high demand in the country and production is far below
than that,” the report revealed.
About 20% requirement is fulfilled by
imports from Ukraine , Turkey and Russia and by Pakistan
steel Mill but iron supplied by shipbreakers is much cheaper if compared with Pakistan
Source: Pak News Point. 3 August 2011
http://paknewspoint.blogspot.com/2011/08/gaddani-shipyard-balochistan-revival-of.html
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