Tag: Eid al-Adha steel demand

Pakistan: Imported scrap prices inch down $2/t w-o-w on slow end-user demand

Jun 3, 2025

—

by

Anshuman

in Melting Scrap

Mills cautious; thin bookings amid market uncertainty Demand expected to pick up post-Eid amid possible restocking Imported shredded scrap offers from the UK/EU are currently quoted at $380-382/t CFR Port Qasim, while most Pakistani buyers are bidding lower at $376-378/t. Trading activity remains limited as demand for finished steel has slowed ahead of Eid al-Adha…