Tag: ship-breaking market Pakistan
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Pakistan: Imported scrap prices edge up by $3/t w-o-w; market stays dull amid monsoon impact, real estate slowdown
Pakistani buyers offering better realisations than India Ship-breaking sector active despite HKC uncertainties Imported shredded scrap offers in Pakistan edged up by $3/t to $377-378/t CFR Qasim. Market sentiment remained largely unchanged, with demand remaining weak due to monsoon disruption and limited government focus on resolving tax issues in the real estate and construction sectors.…