Tag: Pakistan: Imported scrap prices fall by $5/t w-o-w; inquires rise amid restocking activity

Mills expect margin improvement with interest rate and tariff cuts Market sees higher inquiries, with mills focusing on restocking scrap In Pakistan, imported shredded scrap from the UK/Europe was being offered at $380-383/t CFR, with a few deals heard concluded at $376-380/t, whereas bids were heard at lower levels at around $373-375/t over the last…