Tag: Pakistan: Imported shredded scrap prices remain firm w-o-w; outlook turns cautious ahead of Eid

Pakistan paying premium, attracting majority of shredded cargoes Ship recycling slowdown reducing secondary scrap generation Pakistan’s imported scrap market sentiment has turned cautious, with trading activity slowing ahead of the Eid holidays following a strong buying phase in recent weeks, particularly for UK/EU-origin cargoes. Market participants noted that sentiment has gradually weakened during Ramadan, with…