SteelMint

Pakistan: Scrap import prices increase in recent deals

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by

Drishya Yadav
in
  • Around 5,250 t of UK/EU-origin shredded scrap in containers was booked at $540-550/t CFR Qasim recently.
  • SteelMint’s assessment for shredded scrap import prices into Pakistan stands at $540/t CFR, up $5/t on a w-o-w basis.
  • Mills are procuring scrap actively owing to a sudden hike in steel prices.

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