08
Nov
14:36
Amreli sees robust construction, but September-quarter sales slump
Private sector lending is picking up, which bodes well for the domestic market, while construction activity is robust and China Pakistan Economic Corridor and its ancillary projects are accelerating despite uncertainties. So says Pakistani long steelmaker Amreli Steels.
Amreli’s net sales fell -16% on-year in the first fiscal quarter through September to PKR 2.71 billion ($25.7 million). The firm sold PKR 529m of imported rebar in the year-earlier quarter …
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Anonymous
Very good overview of the weekly steel market.
Anonymous