Tag: Pakistan imported scrap bookings
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Pakistan: Imported scrap prices drop, buyers await clarity before resuming bookings
Pakistan’s imported scrap market has seen a slow start after the one-week-long Eid holidays. Buyers and steelmakers were eagerly looking for a market trend. Imported scrap offers witnessed a marginal correction post-Eid. SteelMint’s assessment for UK/EU-origin shredded stands at $470-480/t CFR Qasim, moving down by a significant $25-30/t w-o-w. Fresh offers for Dubai-origin HMS1 is at $515-520/t…