Tag: South Asia scrap trade
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Pakistan: Ferrous scrap imports rise over 38% y-o-y in CY’25 on duty relief, lower global prices
Lower global shredded prices improve import competitiveness UAE and UK remain Pakistan’s largest scrap suppliers Housing initiatives expected to support long steel consumption Morning Brief: Pakistan’s ferrous scrap imports increased by 38% y-o-y to 3.6 million tonnes (mnt) in CY’25 compared with 2.62 mnt in CY’24, as per latest BigMint data. On a y-o-y basis,…