02
Dec
14:24
Pakistan scrap offers surge despite slowed finished sales
Following the rise in Turkish scrap prices, sellers have hiked quotes in India and Pakistan. Offers are surging simultaneously with the global market. However, steel demand is still down in the nation, sources inform Kallanish.
Earlier last week, offers for UK- and EU-origin shredded scrap surged to $420-425/t cfr Port Qasim. According to sources, bookings of around 1,500-2,000 tonnes of shredded were heard concluded last week, with the majorit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous