Scrap import prices to Pakistan trend up

Wednesday, 06 February 2019 00:57:40 (GMT+3)   |   San Diego

On January 29, SteelOrbis reported that offers for containerized shredded (shredded 211) scrap from the EU and UK to Pakistan were at $325-334/mt CFR.

Sources inform SteelOrbis that as global scrap prices have increased, shredded scrap prices to Pakistan have also increased and are now reportedly at $335-342/mt CFR, up $10/mt from the bottom of the previous range and $8/mt from the top of the same range. The source added that containerized shredded scrap offers from other destinations such as Africa or the Middle East can also be found at $330-335/mt CFR.

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