Tag: Pakistan Local Steel Prices
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Pakistan: Imported Scrap Offers Stable, Local Steel Market Eyes Improvement
SteelMint learned in recent conversation with market participants that Pakistan steel market is facing a lot of uncertainties at the moment. After witnessing massive currency depreciation by 6-7% last week, PKR has recovered back almost a half against USD and interbank rate remains at 137-138 levels today. On the other hand, Pakistan steel melters association…