Pakistan: Imported scrap prices rebound in recent deals

  • Around 1,500 t of UK/EU-origin shredded scrap in containers was booked at $535/t CFR Qasim recently
  • SteelMint’s assessment for shredded scrap imports into Pakistan stands at $530-540/t CFR, increasing by $5/t on day.
  • Mills have been actively booking scrap owing to the piling up of stocks after limited bookings seen in the past couple of weeks.

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