Tag: Pakistan ferrous scrap prices
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Pakistan: Domestic steel prices skyrocket, imported scrap market remains silent
Pakistani mills raised finished steel prices to record levels due to severe supply chain disruptions in raw materials along with a constantly declining currency against the dollar, forcing them to announce a steep hike across finished steel products, SteelMint noted. Agha Steel, Mughal Steel, and Faizan Steel raised their rebars offers by PKR 30,000/t ($110/t).…