Tag: Pakistan scrap import offers

  • Pakistan: Currency Depreciation May Result in Hike in Steel Prices

    Pakistan: Currency Depreciation May Result in Hike in Steel Prices

    SteelMint learned in conversation with industry participants that after booking actively during last week, Pakistan scrap importers have slowed down purchases since past couple of days. A recent price correction in global scrap markets and the possibility of depreciation of Pakistan Rupee against USD in near terms has turned scrap importers cautious before buying more…