KARACHI: Pakistan’s iron and steel scrap imports surged to a historic peak in October, reaching 381,991 tonnes — the highest monthly intake ever recorded. This surpasses the previous record of 366,610 tonnes set in September, signalling an uptick in steel bar production, a key indicator of renewed activity in the construction and infrastructure sectors. Read […]
steel scrap imports
Steel Scrap Imports Hit October Record
Pakistan imported a record 381,991 tonnes of steel scrap imports in October, surpassing September’s 366,610 tonnes. The increase reflects growing demand for steel bars used in housing and infrastructure projects. Analysts said it also indicates revival of delayed high-rise construction work. The surge highlights stronger construction activity and rising industrial demand. The steel scrap imports […]