Tag: Ramadan market impact
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Pakistan: Imported scrap prices edge down by $2/t w-o-w on limited trades due to liquidity concerns
Ramadan likely to slow down market activity Sluggish demand results in cautious buying Pakistan’s demand for European scrap remained firm during the beginning of last week, which turned slow towards the weekend and by the start of this week. BigMint’s assessment for European/UK-origin shredded stood at $383/tonne (t) CFR Qasim, down by $2/t w-o-w. Fresh…