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Pakistan Association for Large Steel Producers (PALSP)Decry Cost Push…
The Pakistan Association for Large Steel Producers (PALSP), in a press release issued on December 6, 2021, has decried that the…
Pakistan Iron and Steel Scrap import volumes down -32.73% on year in 4MFY22
According to the provisional figures compiled by the Pakistan Bureau of Statistics, Imports into Pakistan during October 2021…
Russia raises export duties on scrap
Starting from 2022, the rates of export customs duties on scrap and waste of ferrous metals will change in Russia. The decision…
Shipbreakers in Pakistan remain active amid material shortages
Shipbreakers in Pakistan have remained active over the last week, amid material shortages and restocking needs from domestic…
REER index falls further to 95.6 in October 2021
The rupee lost 48 paisas (0.27%) to close at Rs175.46 against the greenback in the inter-bank market on Friday, November 26, 2021,…
Japan’s domestic and export scrap prices diverge in November
After all fall in Japanese export scrap prices last week, sellers have diverted their focus on local sales where domestic steel…
Imported Scrap prices soften as activity in South Asian markets slows down
Domestic scrap prices in Pakistan have rebounded after a dip last week with seller’s offers firm despite slow buying momentum.…
Pakistani buyers cautious over recent dip in South Asian steel prices
The shortage of tonnage, and continued high demand from the recyclers across South Asian demolition yards adds up to a promising…
South Asian Scrap Prices firm up amid restocking interest
Pakistan: Steelmakers in Pakistan were observed actively seeking scrap cargoes this week, bidding higher then neighboring regions…
Firmer Scrap sees buyers rising interest at Gadani, Demolition offers…
Demolition offers into the Southeast Asian market were well supported this week by the prevailing scarcity of available tonnages…