Pakistan: Ferrous scrap import prices stable in recent deals

  • Pakistan’s ferrous scrap import prices remain rangebound in deals concluded recently with offers ranging from $528/t to $535/t CFR Pakistan for shredded material.
  • Deals for around 5,000 t of UK-origin shredded scrap in containers were confirmed by SteelMint.
  • SteelMint’s bi-weekly assessment for shredded scrap of UK/EU-origin stands at $530/t CFR Port Qasim, unchanged compared to the beginning of this week.

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