Tag: Pakistan: Imported scrap prices dip $10/t w-o-w; market under pressure amid weak steel sales

Domestic scrap availability remains tight Rebar prices to remain rangebound In Pakistan, imported shredded scrap from Europe was offered at $388-392/t CFR last week, with moderate trades heard concluded under $385-390/t levels. By the weekend, offers dropped further to $382-384/t amid slow buying interest. As per market sources, post-Eid market activity is yet to show…