Tag: Pakistan: Ferrous scrap imports rise over 35% y-o-y in CY’25 on duty relief and lower global prices

Lower global shredded prices improve import competitiveness UAE and UK remain Pakistan’s largest scrap suppliers Housing initiatives expected to support long steel consumption Morning Brief: Pakistan’s ferrous scrap imports increased by 38% y-o-y to 3.6 million tonnes (mnt) in CY’25 compared with 2.62 mnt in CY’24, as per latest BigMint data. On a y-o-y basis,…