Tag: Domestic Prices
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Pakistan: Imported scrap prices up $20/t in post-Eid trades
Deals of 5,000t of imported shredded reported at increased offers. Mills lift rebar offers by PKR 5,000/t on higher production costs. With the resumption of trading in the scrap markets post-the Eid holidays, imported scrap prices in Pakistan have risen significantly by around $20/tonne (t) week-on-week (w-o-w) in a few trades reported recently. Pakistan’s mills…