Tag: freight tighten supply
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Pakistan: Container shortages and higher freight costs push scrap offers upward
Persistent container shortages to support import prices Tax changes and transport issues keep buying selective Pakistan’s imported shredded scrap market strengthened during the week, with offers rising to $420-422/t CFR Port Qasim from $415-417/t previously, while premium-yard material was offered at $425/t and above. Deals were heard at $413-417/t CFR, and BigMint assessed shredded scrap…