Tag: Pakistan imported scrap prices
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Pakistan: Imported scrap offers inch up, market sentiments remain negative
Pakistan’s imported scrap market remained firm on sluggish demand while imported scrap offers have inched up w-o-w. A few traders were offering at around $450-455/t levels; however, buyers were hesitant to book fresh material at those levels. However, prices have come down by around $40/t m-o-m. Market sentiments remained negative on heavy rainfall and floods.…