Tag: Pakistan domestic prices
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Pakistan: Imported scrap trade picks up, offers rise tracking Turkey’s trend
Imported scrap trade has improved slightly this week in Pakistan with a couple of deals getting concluded. Buyers and steelmakers have procured some material at $400–405/t CFR levels. However, due to the gloomy finished steel market, some mills are hesitant to book any new slots. Imported scrap prices have risen w-o-w following the recent agreement…