- Around 500 t of UK/EU-origin shredded scrap in containers was booked at $561/t CFR Qasim, while 2,000 t of US-origin shredded was traded at $548-550/t CFR.
- SteelMint’s assessment for shredded scrap imports into Pakistan stands at $555/t CFR, largely stable d-o-d.
- Market volatility and expectation of further correction in offers have led mills to hold back before making active purchases.
Leave a Reply