Tag: Imported scrap offers to Pakistan
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Pakistan: Steel mills await correction in imported scrap offers
Pakistan’s imported scrap inquiries have slowed down as buyers are holding back purchases, anticipating price correction in the near term. Offers have moved down after consecutive hikes in past few weeks. However, few trades were reported by the trade sources. SteelMint’s assessment for Shredded 211 scrap in containers from UK/Europe stands at $320-325/t CFR Qasim,…