Tag: Pakistan imported scrap market

As the market resumed after Eid holidays, mills actively secured domestic material to fulfill immediate requirements, leading to material shortage. Domestic scrap (equivalent to shredded) is now available at PKR 122,000-125,000/t exy ($606-620/t) levels, moving up slightly by PKR 2,000-5,000/t ($9-24/t) w-o-w. Due to limited supplies in the domestic market, and less inventories of imported…