Tag: Pakistan: Imported ferrous scrap prices rise $4/t w-o-w; buyers show interest for prompt shipments

In Pakistan, imported ferrous scrap offers increased slightly and the market witnessed some bookings last week. As per some industry insiders, active restocking was heard in good volumes by a few mills mainly for the prompt shipment of cargo, with more inquiries expected to be heard this week. A major steelmaker commented, “We’re facing an…