Tag: Pakistan Bulk Scrap
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Pakistan: Imported scrap prices rise; mills await recovery in steel market
Pakistan’s imported scrap trades have improved gradually, despite a hike in offers by $10 against the beginning of last week. However, finished steel demand is yet to recover and mills are eyeing price recovery in domestic market. SteelMint’s assessment for Shredded 211 scrap in containers from UK/Europe stands at $322/t CFR Qasim, up by $4…