15
Feb
11:23
Pakistan's imported scrap market remains sluggish post-elections
Buying interest in Pakistan for imported ferrous scrap remains low for the third consecutive week.
Prices for European imported shredded scrap are at $442-450/t, while busheling bundled scrap is at $445-450/t, all cfr Pakistan, notes Kallanish.
Offers for shredded scrap from South Africa are at $450/t, and from Bahrain at $458/t, cfr Pakistan.
UAE’s HMS scrap offers to Pakistan are are at $410/t, sheared HMS at $428/t (3 feet cutting) and fabrication at $4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous