Tag: European shredded scrap
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Pakistan: Imported scrap prices drop by $5/t w-o-w on liquidity crunch, slow demand
European shredded scrap to hover at $350-355/t CFR in short term Gadani ship-breaking market softens as cheap Iranian scrap weighs on offers Imported scrap offers eased by $4-5/t this week, with UK/EU shredded heard at $356-360/t CFR and lower-grade UK-origin material tradable below $358/t. HMS was reported at around $340-345/t, with some buying interest at…