Tag: Pakistan imported scrap prices
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Pakistan: Imported scrap prices close to two-month highs; trade improves
Pakistan’s imported scrap prices have neared almost two-month highs but buyers are active in the market. The trade scenario has improved on the back of increased scrap prices and subsequent bulk cargo bookings from Turkiye. The low material availability in domestic and overseas markets remained the major reason for the sudden price hike. Meanwhile, steelmakers have…