Tag: Local steel scrap price in Pakistan
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Pakistan: Imported ferrous scrap prices down by $5/t w-o-w amid dull inquiries
Buyers cautious, imported scrap prices fall to 4.5-year low Market recovery hinges on global scrap trends and rebar demand In Pakistan, imported shredded scrap from Europe was offered at $368-372/tonne (t) CFR over the past week, with sluggish trade inquiries below $370/t levels. Currently, workable levels are hovering at around 4.5-year lows (these levels were…