Tag: Pakistan: Imported scrap prices slip w-o-w amid weak mill operations and forex crunch

Mill operations under 40% as floods wreak havoc Pick-up likely after mid-Oct as weather stabilises Pakistan’s imported scrap prices declined slightly w-o-w. Shredded scrap from Europe was offered at $370-375/t CFR, with deals concluded at $367-370/t CFR compared to late August levels of nearly 375/t. While the monsoon impact is fading and weather conditions are…