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Pakistan: Imported scrap prices drop to 5-year low; suppliers eye pre-winter price hike

Source: BigMint Nov 27, 2025 10:00
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Steel Scrap Global
Domestic prices near bottom with slight PKR recovery. Winter slowdown to deepen, mills planning lower operations
At the start of the current week, European/UK-origin shredded scrap was assessed at $355/t CFR Qasim, setting a steady tone for the import market.   However, the imported scrap levels for Pakistan are hovering around a five-year low level -- last seen during November 2020.   From the UAE, HMS continued to trade

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