On August 16, SteelOrbis reported that offers for containerized shredded (shredded 211) scrap from the EU and UK to Pakistan were generally at $305-310/mt CFR.
Sources inform SteelOrbis that shredded scrap offers from the EU and UK to Pakistan have now declined as recent deals placed downward pressure on price. Offer prices are now reportedly at $299-305/mt CFR, down $6/mt from the bottom of the previous range and $5/mt from the top of the same range.