Tag: Imported scrap offers to Pakistan
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Pakistan Steel Mills Eye for Lower Imported Scrap Offers
After witnessing a sudden and sharp currency depreciation last week, imported scrap market in Pakistan is witnessing less trades this week. Offers have moved down by USD 10/MT W-o-W. Last week PKR depreciated Rs. 7.5 against the USD to Rs 118 in the inter-bank market compared to its closing rate of Rs 110.5 on beginning…