Tag: Pakistan imported scrap bookings
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Pakistan: Rebar price cuts subdue imported scrap market
The imported scrap market in Pakistan remained quiet for yet another week after mills pulled down rebar offers sharply on subdued demand amid current weather conditions. Major steel mills in southern Pakistan lowered rebar offers by PKR 5,000/tonne ($28/t) towards the end of last week, SteelMint learnt from sources. Domestic G-60 rebar prices moved down…