Tag: Pakistan: Imported ferrous scrap market sees firm supplier stance; offers rise by $4/t w-o-w

Imported ferrous scrap prices in Pakistan saw a $4/t increase compared to the previous week. This uptick in offers was driven by global scrap sentiments, fuelled by an anticipated rise in freight rates and ongoing geopolitical conflicts in the Middle East. Additionally, bullish offers from suppliers for South Asian buyers amid higher collection rates in…