06
Jan
12:45
Pakistan scrap offers rise dramatically following Turkish deals
Pakistani imported scrap offers surged remarkably following the surge in Turkish scrap prices in the recent deal conclusion. Despite the shortage of US dollars and issues with opening letters of credit (LC), the buyers having LC limits are booking the materials amid the shortage of local scrap in the nation, Kallanish notes.
Last week, offers for UK- and Europe-origin shredded scrap were noted in the range of $460-465/tonne cfr Port Qasim. US-origin shredded scrap…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous