Tag: Pakistan: Ferrous scrap imports jump 30% y-o-y in 10MCY’25 on duty relief
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Pakistan: Ferrous scrap imports jump 30% y-o-y in 10MCY’25 on duty relief, lower prices
Average UK shredded prices drop $41/t y-o-y in 10MCY’25 Imported shredded scrap priced lower than local material Pakistan’s ferrous scrap imports rose by 30% to 2.87 million tonnes (mnt) during the first ten months of CY’25 (10MCY’25) compared to 2.20 mnt in the same period of CY’24. Pakistan’s ferrous scrap imports rose sharply despite weak…