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10 Nov
10:52

Pakistani mills cut coil prices amid sluggish sentiment

Pakistan-based flat steel producers have dropped their cold rolled and galvanized coil offers by PKR 14,054/tonne ($63.51), mainly because of slowed domestic demand and falling global hot rolled coil offers, Kallanish notes. This follows the previous price decrease of PKR 10,540/t on 20 October. Aisha Steel has dropped CRC (prime grade/annealed, skin passed and oiled) prices to PKR 243,419/t for 1.8-2.5mm thickness, effective 10 November. Quotes for 1.6mm down to …
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