Tag: Pakistan Ship-breaking
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Pakistan: Limited Trades Pull Down Imported Scrap Prices
As per recent conversations with market participants SteelMint learned that, Pakistan scrap importers have turned little hesitant towards scrap buying at high prices. Last week prices for Shredded scrap had crossed USD 400-405/MT. This week prices have dropped by USD 5-10/MT on W-o-W basis. In the recent deals concluded, around 1000-1500 MT Shredded 211 scrap…