Tag: Pakistan: Imported ferrous scrap offers rise $7/t w-o-w despite limited buying activities

Imported ferrous scrap prices in Pakistan experienced a slight uptick of $7/t compared to the previous week. This increase is attributed to sellers maintaining a firm stance. However, purchasing activities have remained moderate due to the ongoing observance of Ramadan. Current offers for shredded scrap from Europe were heard at around $410-415/t CFR Qasim. Market…