Tag: Pakistan: Imported ferrous scrap prices down by $5/t w-o-w amid dull inquiries

Buyers cautious, imported scrap prices fall to 4.5-year low Market recovery hinges on global scrap trends and rebar demand In Pakistan, imported shredded scrap from Europe was offered at $368-372/tonne (t) CFR over the past week, with sluggish trade inquiries below $370/t levels. Currently, workable levels are hovering at around 4.5-year lows (these levels were…