Tag: Imported scrap offers to Pakistan
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Pakistan: Imported Scrap Market Turn Silent Amid Fall in Global Prices
In recent conversations with market participants, SteelMint learned that Pakistan steel market is observing serious liquidity issues reflecting sharp fall in local steel prices and pressuring scrap importers to adopt ‘Wait and Watch’ mode for few more days. Imported scrap prices move down marginally in recent deals – Uncertainty about Pakistan Rupee against USD and…