Tag: non-taxed steel market Pakistan
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Pakistan: Imported scrap prices inch down w-o-w; mills await post-monsoon recovery
Shredded offers may see another $3-4/t correction Mills favour imports for affordability, lower taxes Imported shredded scrap prices slid w-o-w in Pakistan, with workable prices at $378-380/t CFR Qasim. Market sentiment softened as buyers turned less aggressive, with expectations of another $3-4/t correction in offers amid weak demand. BigMint assessed European/UK-origin shredded at $379/t CFR…