Pakistan's scrap imports increased in November

This indicates an increase of 5% compared to the previous month and a decrease of 17% compared to the same month of the previous year. During this period, the total scrap import value reached approximately 114 million US dollars, with an increase of 5.5% monthly and 2.6% annually.

Participants in the Pakistani steel market stated that the outlook for the market remains uncertain until the end of the EU holidays. If the demand in both steel and scrap markets continues until the end of the year, the soft course of imported scrap prices may continue.