Pakistan: Ferrous scrap import prices fall by $5/t in recent deals

  • Pakistan’s imported scrap market saw few bookings at the end of the week as offers corrected due to subdued transactions during Ramadan month.
  • A total of 2,300 t of UK-origin shredded scrap in containers were booked at $630-640/t, CFR PQ levels.
  • SteelMint’s assessment for shredded scrap import prices stands at $640/t CFR, a decrease of $5/t on a d-o-d basis.

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