Tag: Ramadan impact steel demand

Short-term buying improves ahead of Ramadan-driven slowdown Gadani ship-recycling strength supports overall sentiment Imported shredded scrap offers into Pakistan inched down by $3/t w-o-w to around $380-382/t CFR Qasim, as assessed on 10 February. The EU-origin shredded scrap assessment stood at $382/t CFR Qasim, down by $1/t w-o-w. However, workable levels are now closer to…