Pakistan: Ferrous scrap import prices fall by $10/t in fresh bookings

—

Pakistan’s imported scrap market saw few bookings at the end of the week as offers corrected due to subdued transactions.
4,000 t of UK-origin shredded scrap in containers was booked at $595/t, and around 1,000-1,500 t cargo of UK-origin material was traded at $587-590/t CFR PQ levels.
In another deal, 500 t of USA-origin shredded was concluded at $580/t, CFR.
SteelMint’s assessment for shredded scrap import prices stands at $595/t CFR, a decrease of $10/t on a d-o-d basis.

Comments