13
Jan
15:09
Pakistan steel market lull continues, awaits mini-budget
Pakistani steel demand is reported down owing to a fall in construction activity amid cold weather and snowfall in the northern region. The steel industry is still waiting for the mini-budget to impact trade, say various sources.
However, mills were heard booking around 12,000-15,000 tonnes of imported scrap during the week in the wake of scrap shortages in the nation, Kallanish notes.
Imported shredded scrap offers in Pakistan increased by $15-20/tonne on-week t…
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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