Tag: Pakistan scrap offers
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Pakistan: Steel mills resume bulk scrap bookings after a two-year gap
With a sharp fall in global scrap prices and drop in bulk freight rates, Pakistan mills have raised inquiries for bulk cargoes. According to market sources, a few major mills have collectively booked a bulk scrap cargo from the United Kingdom recently. The cargo entirely comprised 35,000 t of shredded material was booked at $475-480/t…