Tag: Imported scrap offers to Pakistan
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Pakistan based Steel Mills Halt Scrap Imports as Currency Devaluates
Pakistan based steel mills have stopped making fresh purchases of imported scrap owing to sharp fall in local currency against USD. Notably Pakistani rupee has depreciated to over 3 years low to at 108 per USD , falling over 4 percent in a day. Last offers for shredded scrap in containers were heard at around…