India, Pakistan steel scrap prices largely flat

Prices for shredded steel scrap imported into Pakistan and India remained largely flat on Friday November 26, tracking the international market, sources told Fastmarkets.

Fastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan at $559.37 per tonne on Friday, up from $560.18 per tonne a week earlier.
Deals were reported at $558-565 per tonne in the week, down from $563-565 per tonne one week previously.
Stability on the international scrap market also supported prices in Pakistan.


Carrie Bone

November 26, 2021

16:20 GMT