Tag: weak rebar demand Pakistan
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Pakistan: Imported scrap prices remain stable w-o-w; domestic steel market sees slowdown
Most mills running at 30-35% capacity; rebar demand remains weak Pre-winter restocking may stabilise prices, but buyers stay cautious Pakistan’s imported scrap prices held steady w-o-w, with shredded material levels stood at $365-366/tonne (t) CFR Qasim, while UAE-origin scrap commanded a slight premium of around $15/t over UK/EU offers. The rebound in Turkiye triggered panic…