Tag: Pakistan import scrap offers
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Pakistan: Imported scrap offers rise while market waits for buyers to return after holidays
Pakistan’s imported scrap market improved gradually over the last weekend, despite a hike in offers by $10/t against the beginning of last week. The recent gain in the national currency PKR (Pakistani Rupee) brought some relief to scrap buyers and steel mills, which may support fresh bookings. The local currency gained PKR 15.3 in the…