Tag: Imported scrap prices to Pakistan
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Pakistan: Imported scrap prices rebound, uptick in domestic steel prices supports sentiments
Imported scrap offers moved up further by $10-15 for yet another week. Local and imported scrap prices in Pakistan have rallied on global trends, falling inventories with mills and restocking ahead Ramadan holidays, SteelMint learnt from trade channels. Around 25,000 t of shredded has been booked in containers at $450-460/t CFR Qasim basis. “Small mills…