Tag: Pakistan domestic market overview
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Pakistan: Enquiries for bulk scrap cargoes emerge on depleting inventory
Scrap import enquiries in Pakistan have gained slight momentum on lower inventories. However, the decline in steel prices is weighing on sentiments. SteelMint heard a few bulk scrap offers for shredded at around $450/t CFR for UK-origin material. Some sources indicated a deal to be under negotiation; however, it could not be confirmed till the…