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Pakistan: Imported scrap prices at 5-year lows; winter restocking goes slow

Source: BigMint Dec 04, 2025 10:00
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Steel Scrap Global
Tight cash flow restricting fresh procurements. Distress cargoes available, but demand subdued
EU shredded held steady at $353-356/t while UAE-origin HMS 80:20 was assessed at $335-337/t. A few distress cargoes are available but buyers remain cautious due to soft downstream demand, which has kept winter restocking slower than expected.   Ferrous scrap import volumes have increased in October, even as market sentiment stays

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