02
Sep
15:24
Pakistan imported scrap plunges amid severe flooding
Severe flash floods have impacted the lives of 30-70 million people and damaged around $10 billion worth of infrastructure, livestock and farm produce in Pakistan. This time of the year is usually known for steel demand recovery in Pakistan but the weather situation has changed everything and created mayhem in the country.
Local steel giants like Amreli have decided to shut their operations, whereas other mills have curtailed their production, Kallanish notes.
Ea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous