Tag: Pakistan: Imported shredded scrap prices rise by $7/t w-o-w on tight supply

Shredded prices rise on higher freights, supply constraints Producers cautious despite bullish supply-side signals Pakistan’s ferrous scrap market has remained firm since early to mid-March 2026, with imported shredded scrap prices increasing amid persistent global supply tightness, although actual trading activity slowed due to holidays and cautious downstream demand. European-origin shredded scrap assessment stood at…