24
Jan
14:40
Pakistani mills drop rebar prices on plunging demand
Owing to a drop in demand from the construction sector amid cold and foggy weather, coupled with plunging scrap prices, major Pakistani mills have dropped their rebar offers by PKR 5,000-6,000/t tonne ($28-34).
Amreli Steels has decreased its rebar quotes by PKR 5,000/t, effective 21 January. It revised its 9.5/10mm and 12mm grade-60 rebar prices to PKR 192,500/t ex-works and 16-25mm diameter product to PKR 190,000/t ex-works. “Due to the continuous decrease…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous