Pakistan: Ferrous scrap imports up over 30% m-o-m in Nov’21

  • Pakistan, the leading ferrous scrap importer in South Asia, has recorded an increase in monthly imports by 31% in Nov’21 on healthy steel demand.
  • The country’s scrap imports stood at 0.46 mn t in Nov against 0.35 mn t in Oct, as per SteelMint data.
  • On a y-o-y basis, import volumes rose by 21% from 0.38 mn t in Nov’20.

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