Tag: Pakistan: Imported scrap prices inch up by $4/t w-o-w as buyers stay cautious amid Gulf tensions

Local scrap, billet, rebar prices remain stable War risk surcharges, vessels detours, delays likely Pakistan’s imported shredded scrap offers for material from the UK/EU are currently quoted at $374-377/t CFR Qasim, marking a slight uptick from last week’s levels. BigMint‘s assessment for European/UK-origin shredded scrap stood at $374/t CFR Qasim, inching up by $4/t w-o-w.…