Intel Details

Pakistan: Imported scrap prices inch up in recent deals

Melting Scrap
9 Nov 2021, 15:21 IST
Steel Mint Intel

  • 10,000 t of UK/EU-origin containerised shredded scrap was booked by a Pakistani steel mill at $565-568/t CFR Qasim for Dec'21 shipment. Prices have increased by $5/t against last week.
  • Another 10,000 t of shredded scrap was booked prior to this at $555-560/t CFR.
  • Despite high offers, mills have remained active in the market for restocking ahead of the winter holidays.

9 Nov 2021, 15:21 IST
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