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Pakistan scrap metal imports decreased

Scrap metal imports to Pakistan decreased in April.

Pakistan scrap metal imports decreased

Pakistan's scrap metal imports stood at 86,982 tonnes in April 2023, down 36.2% m-o-m and 72.3% y-o-y from March, according to data released by the government.

The value of imports this month was $50.84 million, down 34.5 per cent from the previous month and 71.4 per cent from a year earlier.

Meanwhile, iron and steel imports to Pakistan amounted to 116,059 tonnes in April, down 47% y-o-y. The value of Pakistan's iron and steel imports in the reporting month was $92.12 million, down 51.7 per cent y-o-y and 22.8 per cent m-o-m.

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