Pakistan: Imported scrap prices inch down in latest deals

  • Around 1,000 t of UK/EU-origin shredded scrap in containers was booked at $535/t CFR Qasim.
  • SteelMint’s assessment for shredded scrap imports into Pakistan stands at $536/t CFR, lower by $2/t against the end of last week.
  • Pakistan’s imported scrap prices had hit a 2-month low towards the closing of last week amidst lowering bids and currency devaluation.

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