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10 Sep
14:48

ISL eyes March annealing furnace launch, boosts shipments

International Steels Limited (ISL) expects its new annealing furnace to come on line in the third fiscal quarter through March 2019, and its Karachi service centre to begin operations in the following quarter. The Pakistani firm reported a 10% on-year sales increase in the fiscal year through June 2018 (FY18) to 540,000 tonnes despite the influx of low-priced imports from China and Russia, it says. Hot-dip galvanized coil accounted for 346,000t and cold rolled c…
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