Pakistan: Imported scrap prices fall further in latest deals

  • Around 2,000 t of UK/EU-origin shredded scrap in containers was booked at $549/t and 550/t CFR Qasim recently, sources informed.
  • SteelMint’s assessment for shredded scrap import prices stands at $545-550/t CFR, a slight decrease of $2/t on a d-o-d basis.
  • Owing to heavy smog in the winter season, steel demand in the country has taken a beating.

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