Pakistan: Scrap import prices dip on limited deals

  • Pakistan, one of the leading scrap importers in Asia, has witnessed a decline in prices in recent deals.
  • Deals for around 8,000 t of UK-origin shredded scrap were confirmed by SteelMint at around $510-515/t CFR Port Qasim.
  • SteelMint’s bi-weekly assessment for shredded scrap of UK/EU-origin stands at $510/t CFR Port Qasim, down by $2-3/t compared to the beginning of this week.

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