Tag: Pakistan billet
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Pakistan: Imported shredded scrap trade remains muted as monsoon rains curb steel demand
Mills operating at 30% of their capacity amid weak steel sales Buyers limit bookings amid high inventories, bid-offer gaps Pakistan’s imported shredded scrap market remained subdued during the week ended 18 August, with buyers resisting higher supplier offers amid weak steel demand, heavy monsoon rainfall, and sufficient mill inventories following sizeable purchases in July and…