Tag: Pakistan Local Steel Prices
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Pakistan: Imported Scrap Offers Inch Up; Limited Trades Reported
Inquiries for imported scrap are increasing in the market following low scrap inventories and a marginal rise in local billet prices. SteelMint learned in recent conversation with participants that imported scrap offers to Pakistan have maintained slow uptrend. However, activities remained slow on prevailing issues like liquidity crunch, surplus supply and low demand, hike in…