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Gadani currently has an annual capacity of breaking up to 125 ships of all sizes, including supertankers, with a combined LDT of 1,000,000 tons.. Although Gadani ranks as the world's third largest ship breaking yard after Alang and Chittagong in terms of volume, it is the world's leading ship breaking yard in terms of efficiency.
Some scrap yards' websites have updated scrap prices. In the US, scrap prices are reported in a handful of publications, including American Metal Market, based on confirmed sales as well as reference sites such as Scrap Metal Prices and Auctions. Non-US domiciled publications, such as The Steel Index, also report on the US scrap price, which ...
Brass work is on the decline in Pakistan and the businesses which are active on the street now only deal with bulk clients who have export and import business. [2] [3] One reason of the decline of brass work is rising cost of coal which is used in their ovens. [2] Their work has been exhibited in numerous countries including China. [3]
British police officers checking for stolen metal at a scrap metal merchant. Metal theft is "the theft of items for the value of their constituent metals". [1] It usually increases when worldwide prices for scrap metal rise, as has happened dramatically due to rapid industrialization in India and China.
Removing steel plates from a ship using cranes [1] at Alang Ship Breaking Yard in India. Ship breaking (also known as ship recycling, ship demolition, ship scrapping, ship dismantling, or ship cracking) is a type of ship disposal involving the breaking up of ships either as a source of parts, which can be sold for re-use, or for the extraction of raw materials, chiefly scrap.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Parts of Karachi received 147 mm (5.79 inches) of rain overnight, the local weather office said. The city's mayor, Murtaza Wahab, in a post on X, urged residents to avoid "unnecessary movement".
Dawn News is a Pakistani 24-hour Urdu news channel. Based in Karachi, the station is a subsidiary of Pakistan Herald Publications Limited (PHPL), Pakistan's largest English-language media group. [1] [2] The test transmission of the station occurred on 25 May 2007, and the channel went live on 23 July 2007.