Pakistan: Imported ferrous scrap prices rise by $5-10/t

  • Imported scrap prices into Pakistan rose on a weekly basis, SteelMint learnt from sources.
  • SteelMint’s assessment of UK-origin containerised shredded scrap stands at $560-565/t CFR Port Qasim, an increase of $5-10/t against the closing of last week.
  • Limited offers in the market resulted in higher bids which pushed prices upwards.

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