Tag: steel trading activity Pakistan
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Pakistan: Import scrap prices weaken despite fresh bookings; buyers cautious ahead of budget
Billet and rebar prices soften amid subdued demand Trading activity expected to improve after holidays Pakistan’s imported ferrous scrap market remained under pressure in the assessment week ended 9 June 2026 as buyers maintained a cautious stance ahead of the federal budget, despite several containerised scrap transactions being concluded. Trading activity in the domestic market…