Tag: scrap price trends April 2026
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Pakistan: Imported scrap prices rise on freight surge; mills cautious amid high costs
Price gains driven by freight spike and tight supply Domestic market firm, but demand recovery remains slow Pakistan’s ferrous scrap market edged higher in the week ended 7 April, mainly driven by tightening supply and a sharp rise in freight costs. However, activity remained muted, with most buyers staying cautious and avoiding aggressive bookings at…