Tag: Pakistan domsitc market

  • Pakistan: Floods, subdued steel demand weigh on imported scrap trade

    Pakistan: Floods, subdued steel demand weigh on imported scrap trade

    Pakistan’s imported scrap market was mostly quiet this week, amid heavy rainfall across the country. Meanwhile, market participants are waiting for fresh Turkish deals to get further price directions. The subdued demand for finished and semi-finished steel, owing to limited construction activities during the monsoons and flooding has kept buyers and steelmakers sidelined. Fresh offers…