Pakistan's scrap imports down 47.6% in May from April

Pakistan's scrap imports amounted to 164,699 mt in May this year, reducing by 47.6 percent contrasted to April and by 38.2 percent year on year, according to the data released by the Pakistan Federal Bureau of Statistics (PFBS). The worth of these imports in the provided month was $177.1 million, falling by 34.0 percent month on month and by 11.1 percent yeartata coil on year.Meanwhile, Pakistan's iron as well as steel imports in May amounted to 238,851 mt, up by 13.4 percent on year-on-year basis and also by 9.2 percent contrasted to the previous month. In May this year, the value of Pakistan's iron and also steel imports was $236.44 million, increasing by 9.1 percent y310s stainless steel coil priceear on year as well as by 2Gangya steel4.1 percent month on month.

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