Pakistan: Ferrous scrap imports fall by 17%, m-o-m, in Jan’22

  • Leading South Asian ferrous scrap importer, Pakistan, has recorded a sharp drop of 17% m-o-m, in seaborne bookings for Jan’22.
  • Imports stood at 340,000 t in Jan’22 against 410,000 t in Dec’21, as per SteelMint customs data.
  • On a y-o-y basis, import volumes declined by 23% from 440,000 t in Jan’21.

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