Tag: scrap procurement Pakistan

Pakistan scrap imports rebound despite severe industry pressure High freight and energy costs weaken import sentiment Pakistan’s ferrous scrap imports registered a 22% y-o-y increase in Q1 CY2026 to 0.89 million tonnes (mnt), compared with 0.73 mnt in Q1 CY2025, according to BigMint analysis. However, imports declined sharply by 20% q-o-q from 1.11 mnt in…