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| | Asia Times Online - The best news coverage from South Asia |
 | | Ship-breaking is a challenging process, due to the structural complexity of the ships and the many environmental, safety and health issues involved. |
 | | China's burgeoning demand for junk ships to feed its ever-growing appetite for steel has also pushed up junk ship prices to record highs of beyond $400 per light displacement tonnage (LDT, or the actual weight of ship), up 80 percent over the past few months, which is making procurement of vessels tough for India. |
 | | The ships that are broken there provide around four million tons of steel for the Indian market, which many small steel makers depend on, and secondly, it provides employment to over 45,000 people directly and over 500,000 people in Gujarat and outside, indirectly. |
| www.atimes.com /atimes/South_Asia/FD22Df05.html (1090 words) |
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