Pakistan: Imported scrap prices edge up in recent deals

  • Around 2,000 t of UK/EU-origin shredded scrap in containers was booked at $650/t CFR Qasim recently. Trades improved on restocking needs ahead of the Ramadan holidays.
  • Prices have edged up after high seas cargoes of shredded scrap were traded at $640/t CFR.
  • SteelMint’s assessment for UK/Europe shredded scrap import prices are at $650/t CFR, up $3/t on a d-o-d basis.

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