Tag: Middle East HMS
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Pakistan: Imported ferrous scrap market remains under pressure as weak mill demand limits buying
Construction recovery could trigger selective restocking in coming weeks Uncertainty emerges over continuation of UAE scrap export restrictions Pakistan’s imported ferrous scrap market remained subdued during the week ending on 6 October, with weak finished steel demand, low mill utilisation and cautious procurement limiting import activity. Buyers continued to resist higher offers, keeping the market…