Tag: Pakistan monsoon impact

Pakistan: Imported scrap prices rise $2/t w-o-w; HKC delays hold back ship-breaking revival

Jul 8, 2025

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by

Anshuman

in Melting Scrap

Stable steel rates limit scrap price gains 2 yards may soon receive provisional DASRs Pakistan’s imported shredded scrap offers edged up by around $2/tonne (t) to $374-376/t CFR Qasim. The market remained steady, but trade activity lacked momentum. While the monsoon has set in, rains were still patchy — more notable in northern regions and…