24
Mar
14:39
Muted sentiment in Turkey and India has spurred European and UK scrap sellers to drop their offers in Pakistan. Despite the drop, buyers have reduced intake due to the Ramadan-led market slowdown and delayed financing in Pakistan. There is an anticipation that prices will drop in the coming weeks, sources tell Kallanish.
According to sources, offers for UK- and EU-origin shredded scrap dropped remarkably, by $20-25/tonne on-week to $470-475/t cfr Port Qasim on Fri…
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Sayed Aameer
India
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Anonymous
Very good overview of the weekly steel market.
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