09
Aug
09:26
Pakistan’s imported scrap market slows
Pakistan's imported ferrous scrap market turned silent this week amid a mismatch between bids and offers.
While UK-origin shredded scrap offers remained high at $430-432/t and UAE offers at $433-434/t on a cfr basis, buyers' bids were lower by $5-7/t, notes Kallanish.
Heavy rainfall and flooding in key regions have disrupted daily life, construction, and business activities there.
Steel mills are cautious about making new bookings, waiting for prices to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous