Tag: Pakistan steel industry news
-
Pakistan: Imported scrap prices remain stable w-o-w on cautious buying inquiries
Market likely to stay slow until monsoon impact subsides Buyers to stay wary amid weak demand, liquidity strain Imported ferrous scrap prices in Pakistan remained steady w-o-w, with Europe/UK-origin material at $380-385/t CFR, US shredded at $378-380/t CFR, UAE shredded at $390-395/t CFR, and Middle East HMS and PNS scrap at $370-380/t CFR. The market…