Tag: pakistan imported scrap
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Pakistan: Ferrous scrap imports plunge 40%, m-o-m, in May
Pakistan, South Asia’s leading ferrous scrap importer, recorded shipments at 160,000 t in May’22 as against 270,000 t a month ago, as per SteelMint data. Seaborne bookings for May fell significantly by 41% m-o-m. Similarly, on a yearly basis, scrap imports fell compared to 270,000 t in May’21.