Tag: Europe Scrap Exports
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Pakistan: Ferrous scrap imports rise nearly 15% y-o-y in 5MCY’25
Scrap imports increase despite soft steel demand Tight margins keep mills at low capacity utilisation Pakistan’s ferrous scrap imports rose by 14% to 1.33 million tonnes (mnt) during the first five months of CY’25 (5MCY’25) compared to 1.17 mnt in the same period of CY’24. In May alone, imports reached 304,060 tonnes (t), reflecting a…