Pakistan: Imported scrap prices stable in recent deals

  • Pakistan’s ferrous scrap import prices have remained unchanged in a few deals concluded recently. However, a correction in prices can be expected after the fall in Turkey prices.
  • SteelMint’s assessment for fresh offers of UK/EU-origin shredded material stands at $565/t CFR Port Qasim.
  • Mills booked around 9,000-10,000 t of UK-origin shredded scrap in containers at $555-565/t CFR Qasim.

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