One of South Asia's prominent ferrous scrap importers, Pakistan recorded a straight 14% drop in monthly import volumes. Pakistan's scrap imports were reported at 0.38 mn t in Feb'21 against 0.44 mn t in the preceding month, as per latest data available with SteelMint. It has been learnt that buyers are keeping away from an unsupported domestic market, although cargo bookings are expected to keep up pace ahead of the onset of the Ramadan month.
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