Tag: steel sector crisis

Pakistan: Imported ferrous scrap prices fall by $4/t w-o-w; market slows down amid political unrest

Nov 26, 2024

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by

Anshuman

in Melting Scrap

Political unrest keeps market activities bearish Scrap importers waiting for clarity Imported ferrous scrap offers to Pakistan fell by $4/tonne (t) w-o-w, with BigMint’s weekly assessment indicating that European shredded scrap stood at $386/t CFR Qasim. Around 2,500-3,000 t of UK/EU origin shredded scrap was booked at $384-389/t CFR Qasim in the last seven days.…