On August 22, SteelOrbis reported that scrap offers on containerized shredded scrap to Pakistan from the EU and UK trended down over the previous week to $335-345/mt CFR Pakistan.
Sources inform SteelOrbis that due to the latest “stable import buying prices by Turkish mills,” despite the limited volume, and stable prices for some buyers in the Pakistan market, ex-UK and ex-EU offers on containerized shredded scrap to Pakistan are still reportedly at $335-345/mt CFR.