Pakistan: Ferrous scrap imports rise nearly 15% m-o-m in Feb’24

  • In Feb’24, Pakistan imported 254,170 t of ferrous scrap, marking a 14% increase from Jan.
  • Compared to the same period last year, imports were higher by 78% from 142,800 t in Feb’23.
  • However, over the first two months of the this calendar year, scrap imports in Pakistan rose by 30% y-o-y, totalling 476,699 t as compared to 368,100 t in Jan-Feb’23.