Tag: Domestic steel market
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Pakistan: Imported scrap offers surge tracking global price gains
Imported scrap offers up by $20/t w-o-w Domestic steel prices likely to move up further Pakistan’s ferrous scrap imports largely stable in Jan’21 Imported scrap offers to Pakistan have moved up further by around $15-20 w-o-w. However, trades remain muted as people are hesitant in the current volatile market. Buyers are not purchasing extra stocks,…