Tag: Pakistan: Ferrous scrap imports surge over 60% y-o-y in H1CY’24

In H1 CY24, Pakistan imported 1.38 mnt of ferrous scrap, a substantial 64% increase from 0.84 mnt in the CPLY. The UK and UAE continue to be a major source, of Pakistan’s scrap imports. On a m-o-m basis, imports fell by 14% to 216,809 t in June from 250,734 t in May 2024. Market participants…