On August 14, SteelOrbis reported that scrap offers on containerized shredded scrap to Pakistan from the EU and UK trended down over the previous week to $340-350/mt CFR Pakistan.
Sources now inform SteelOrbis that ex-EU and ex-UK offer prices on containerized shredded scrap have declined $5/mt and are reportedly at $335-345/mt CFR Pakistan with limited buying interest on market uncertainty.