Tag: Pakistan: Imported shredded scrap prices ease as buyers turn cautious after recent gains

Selective bookings, soft rebar market drag prices lower Elevated freights, tighter supply limit extent of price decline Pakistan’s imported ferrous scrap prices eased slightly during the week ended 4 August as buyers turned cautious following recent price increases. Despite softer trading activity, elevated freight costs, tighter global scrap availability, and ongoing mill restocking continued to…