Trade Resources Industry Views Pakistan's Iron and Steel Scrap Imports Amounted to 100,673 Tonne in November This Year

Pakistan's Iron and Steel Scrap Imports Amounted to 100,673 Tonne in November This Year

According to data released by the Pakistan Federal Bureau of Statistics,Pakistan's iron and steel scrap imports amounted to 100,673 tonne in November this year,decreasing 47.6%compared to October and down 24.7%YoY.The value of the iron and steel scrap imports was USD 43 million in November,falling 46.7%compared to October this year and stable compared to the same month of 2011.

Pakistan's scrap imports in the July to November 2012 period amounted to 750,780 tonne,increasing 15.4%compared to the same period one year earlier.In the period in question,the value of Pakistan's iron and steel scrap imports was USD 290 million,rising 31%YoY.

Meanwhile,Pakistan's iron and steel imports in November amounted to 155,517 tonne,increasing by 13%on YoY basis and down slightly by 0.6%compared to the previous month.The country's iron and steel imports in the July to November 2012 period totaled 703,639 tonne,increasing by 3.15%YoY.In the period in question,the value of Pakistan's iron and steel imports was USD 578 million,rising 6.2%YoY.

Source: http://www.steelguru.com/middle_east_news/Pakistan_scrap_imports_decline_476pct_in_November/296627.html
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Pakistan Scrap Imports Decline 47.6pct in November
Topics: Metallurgy