Pakistan: Imported scrap prices up on latest deals

  • Ferrous scrap import prices into Pakistan have increased by around $10/t due to a number of deals happening yesterday. Meanwhile, a few offers were heard at $555-560/t CFR.
  • A few mills booked around 12,000 t of UK-origin shredded scrap at $550/t CFR Port Qasim, sources reported.
  • However, as per SteelMint assessment, shredded scrap of UK/EU-origin stands at $555/t CFR Port Qasim.

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