Tag: Pakistan domestic prices
-

Pakistan: Imported scrap prices rebound as mills resume bookings amid lower inventory
Pakistan’s imported scrap market has regained the momentum with mills resuming bookings amid a fall in inventories and surrounding the hike in domestic scrap prices. However, the currency depreciation continued to be a key factor governing imported scrap bookings. Offers for shredded scrap in containers from UK/Europe are at $525-535/t CFR Qasim levels, while buyers…