Tag: European shredded scrap Pakistan
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Pakistan: Imported scrap prices fall by $3/t w-o-w despite resistance from suppliers
Mills tread cautiously as scrap demand stays low Regulatory delays add pressure on steel sector Pakistan’s imported shredded scrap prices slipped by $3/t w-o-w, settling at $380/t CFR Qasim. The slight correction encouraged a few mills to resume bookings, though overall demand remained sluggish amid ongoing monsoon-related disruptions that continued to affect mill operations. BigMint…