08
Sep
14:22
Pakistan scrap offers stabilise following brief uptick
Pakistan's imported scrap offers remained stable following a brief seesawing versus bids last week. Muted sentiment in Turkey, coupled with softness in Indian imported scrap intake and offers, kept quotes range-bound in Pakistan.
Following the aggressive bookings done recently in Pakistan, sellers were bullish and therefore raised their quotes earlier last week, but buyers were hesitant to accept the uptick. The slowness in India pressured sellers to drop thei…
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Anonymous
Very good overview of the weekly steel market.
Anonymous