Tag: Pakistan: Imported ferrous scrap prices drop $15/t w-o-w; buyers adopt wait-and-watch approach

In Pakistan, market activity remained relatively sluggish despite a sharp drop in shredded offers from the UK and Europe ranging from $415 to $425/t, with limited bookings observed at this level, resulting in a quiet market and a $15/t decrease compared to last week. Slow purchasing behaviour persists as buyers aim to lower their average…