- Ferrous scrap import prices into Pakistan have fallen by around $5-10/t, as only a limited number of deals happened recently. SteelMint’s bi-weekly assessment for shredded scrap of UK/EU-origin stands at $515/t CFR Port Qasim. However, a few offers were heard at $520/t CFR.
- A few mills booked around 2,500 t of UK-origin shredded scrap at $515/t CFR Port Qasim.
- Around 2,000 t of UAE-origin HMS (80:20) was traded at $490/t CFR.
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