Tag: Pakistan: Imported ferrous scrap price remains largely stable w-o-w ahead of upcoming election

Demand for imported scrap in Pakistan remained subdued during the week, influenced by a slowdown in domestic finished goods production ahead of the upcoming February elections. Approximately 2,500-3,000 tonnes (t) of shredded scrap were booked from the Middle East and European origins during the week in the range of $435-445/t CFR Qasim. However, other grades…