Author: Reena

  • Pakistan: Imported scrap prices fall to 16-month low in recent deals

    Pakistan: Imported scrap prices fall to 16-month low in recent deals

    Pakistan’s imported scrap trade maintained its slow pace with the global market collapsing since last week. Meanwhile, following the global price downtrend, imported scrap prices to Pakistan fell to 16th-month lows. However, the absence of Turkish scrap buyers, the high currency exchange rate, and increased electricity tariffs slowed down trade activities. Fresh offers for imported…