Tag: Pakistan Steel Mills revival

Ramadan slowdown continues to impact trade, cash flow Influx of Iranian material adds pressure on local steel prices Shredded scrap offers from Europe to Pakistan dropped by $3-5/t w-o-w to $380-385/t CFR amid sluggish demand, while HMS stood at $360-365/t and fabrication scrap at $385-388/t. With Ramadan underway, market activity is expected to slow briefly…