Pakistan: Scrap import market witnesses limited deals

  • Pakistan’s ferrous scrap import market remains subdued, as only limited deals have been concluded in the last few days.
  • 700 t of UK/EU-origin shredded scrap in containers was booked by a Pakistani steel mill at $560-565/t CFR Qasim.
  • SteelMint’s assessment for shredded scrap stands at $562/t, range-bound on a d-o-d basis.

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