9,347.17 TL BIST 100 BIST 100
31.06 $ USD USD
€33.62 EUR EUR
43.42 TL Interest Interest
83.25 $ Fossil Oil Fossil Oil
22.62 $ Silver Silver
3.88 $ Copper Copper
121.11 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,023.50 TL Gold (gr) Gold (gr)

Pakistan's scrap and steel imports decreased in February

Pakistan's scrap and steel imports decreased in February m-o-m and y-o-y.

Pakistan's scrap and steel imports decreased in February

According to data from the Pakistani government, Pakistan imported about 142,800 tons of scrap in February this year, a decrease of 36.6% compared to the previous month and 59.3% compared to the same month of the previous year.

During this period, steel product imports decreased by 46.7% monthly and 35.1% annually to about 165,300 tons.

The decrease in Pakistan's imports of scrap and steel products was mainly due to dollar shortages causing delays in issuing letters of credit, decreasing economic confidence and slowing steel demand.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

January data on Pakistan's scrap and steel imports has been announced

Wednesday, February 21, 2024

AM/NS India aims to increase ferrous scrap usage to 10% by 2030

Wednesday, February 21, 2024

Taiwan's Feng Hsin lowers scrap and rebar prices

Wednesday, February 21, 2024

The Netherlands' scrap prices are on a downward trend!

Wednesday, February 21, 2024

Scrap procurement in Ukraine decreased

Tuesday, February 20, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now