Author: Reena

Pakistan’s imported scrap market remained stagnant in the last couple of weeks on limited demand, SteelMint learnt from sources. Subdued finished steel demand, high rebar inventory piling up at mills and slow drawdown of scrap inventories impacted scrap imports. Fresh offers are at $470-475/tonne (t) CFR, moving down by $10-15/t. However, a limited quantity was heard…