Tag: Imported scrap prices to Pakistan
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Pakistan: Weak iron ore pulls down imported scrap prices further
Imported scrap trade in Pakistan slowed down w-o-w as against active bookings seen last week. A continuous decline in iron ore prices, sluggishness of Turkish buyers in making fresh bookings and subdued market sentiments in neighbouring countries like India and Bangladesh, could be the possible factors leading to a drop in scrap prices, SteelMint learnt…