Tag: Pakistan: Imported scrap prices fall $9/t amid Eid holidays and slow inquiries

Rebar prices under pressure as trading activity stays thin Post-Eid, mills restart slowly with unsold steel stocks Imported shredded scrap offers from the UK/EU are currently quoted at $370-372 per tonne CFR Port Qasim, marking a sharp decline from last week’s price levels. Trading activity remains subdued, with most market participants inactive due to the…