Tag: Pakistan scrap offers
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Pakistan: Ferrous scrap offers climb on active deals
Major recyclers have raised offers after a few deals were concluded recently in Pakistan amidst improved demand and resistance to further downside. Deals for 5,000 t of UK-origin shredded scrap were confirmed by SteelMint in the last two days at around $520-525/t CFR Port Qasim. Current offers from major yards are at $530-535/t CFR. SteelMint’s…