Tag: Imported scrap offers to Pakistan
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Pakistan: Domestic scrap prices spurt on renewed buying; silence on imports
Pakistan’s domestic scrap prices have increased significantly this week. The tight scrap availability and improved demand for local scrap from furnaces have supported the price hike. SteelMint assessment for local scrap, which is equivalent to shredded, stands at PKR 129,000-130,000/t exy levels, increasing sharply by PKR 4,500/t ($25) w-o-w.