Tag: SBP policy rate cut
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Pakistan: Imported ferrous scrap prices rise $5/t; rate cut to support market
SBP policy rate cut aims to boost economic activity Rebar sales remain slow as mills lift offers to recover losses Imported ferrous scrap offers to Pakistan increased by $5/tonne (t) this week amid moderate trade activities towards the second half of last week. However, this week the market has experienced dull inquiries from major buyers,…