Pakistan: Scrap import prices rise marginally in latest deals

  • Around 10,500 t of UK/EU-origin shredded scrap in containers was booked at $552-555/t CFR Qasim recently.
  • SteelMint’s assessment for shredded scrap import prices into Pakistan stands at $555/t CFR, up slightly by $2/t d-o-d.
  • Higher offers from suppliers, easing weather conditions and positive domestic steel market sentiments support scrap import bookings.

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