Tag: mill utilisation
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Pakistan: Imported shredded scrap prices strengthen w-o-w; selective buying limits inquiries
UK shredded scrap trades heard at around $420/t CFR Monsoon, tax issues keep mill buying selective Pakistan’s imported shredded scrap prices strengthened w-o-w despite selective mill buying, with UK-origin shredded scrap reportedly sold at $420/t CFR Port Qasim. Higher freight costs and firmer global scrap prices kept seller offers elevated, while monsoon conditions, payment issues,…