Tag: imported scrap price to Pakistan

  • Pakistan: Imported scrap prices decline on lower bids

    Pakistan: Imported scrap prices decline on lower bids

    Pakistan’s imported scrap prices fell in recently concluded trade. Lower bids and a sharp decline in Chinese steel futures kept buying interest limited. Also, steel mills were not in a hurry to book cargoes owing to inventory lying with them, hence they were seen adopting a wait-and-watch approach. Recently, a deal was concluded for UK/Europe-origin…