Tag: Middle East HMS scrap
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Pakistan: Imported scrap market remains steady; Price outlook firm as winter sets in
Cost pressures and weak steel demand expected to cap significant price gains Mild upside expected as winter tightens Western scrap collection rates Pakistan’s imported shredded scrap market remained stable w-o-w at $354-356/t CFR for the week ended 14 Nov’25. In the starting of the current week, European/UK-origin shredded was assessed at $355/t CFR Qasim, with…