Tag: Pakistan: Imported shredded scrap prices fall w-o-w amid weak steel demand

European shredded prices drop $2/t w-o-w Mills continue need-based scrap procurement Pakistan’s imported ferrous scrap market remained under pressure during the week ended 7 July as weak domestic steel demand, subdued construction activity, and cautious mill procurement continued to restrict trading activity. Buyers largely stayed on the sidelines, purchasing only for immediate production requirements, while…