SOUTH ASIA STEEL SCRAP: Markets steady on slow trading

July 24, 2021 / www.metalbulletin.com / Article Link

Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.

Pakistan
Fastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan at $546.46 per tonne on Friday, down by $1.34 from $547.80 per tonne one week prior.

Many market participants were off work due to the week-long Eid al-Adha public holiday in the country, but some trading still took place, sources said, adding that prices were broadly stable compared with the previous week's...

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