Tag: low capacity steel mills Pakistan
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Pakistan: Imported ferrous scrap prices rise by $6/t w-o-w despite slow bookings amid uncertainty
Mills operating at low capacity, weak demand weighs on sentiment UAE shredded scrap prices remain firm due to short transit time Imported shredded scrap from Europe to Pakistan was offered at $376-380/tonne (t) CFR Qasim, as per sources. Trade inquiries continued to remain below $370-372/t levels. In the current market, tradable levels for suppliers still…