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15 Nov
14:10

Pakistan's scrap imports rise, mills pass on cost

Pakistan’s scrap imports rose 5.1% on-month to 347,888 tonnes in October, against 331,000t a month earlier, according to Pakistan Bureau of Statistics (PBS) data. However, these were down 15.4% on-year. The nation imported 1.23 million tonnes of scrap in the first four months of the current fiscal year ending 30 June 2022 (FY22). Pakistan’s iron and steel imports, however, plunged 15.45% on-month to 291,021t in October, against 344,182t last month. Imp…
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