Ferrous scrap imports into Pakistan from the US rose by 66.74pc to $106.656mn in July 2019- Jan 2020 period from $63.963mn in the prior year period, according to the data released by State Bank of Pakistan. Imports in Jan 2020 rose to $13.48mn from $10.11mn in Jan 2019.
Pakistan’s exports of base metals and products grew by 26pc to $404.586mn in July 2019 to Jan 2020 period, from $321.14mn in the prior- year period. Exports, however, in Jan 2020 dropped by 5pc to $60.154mn from $63.467mn in Jan 2019.