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26 Dec
09:51

Pakistani mills further hike coil prices

Pakistan-based re-rollers have further hiked their cold rolled and galvanized coil offers by PKR 3,000/tonne ($13.25), mainly on the back of surging bank finance interest rates and costlier raw materials, Kallanish notes. This follows the price increase of PKR 2,000/t on 13 December. Aisha Steel has increased CRC (prime grade/annealed, skin passed and oiled) prices to PKR 249,269/t for 1.8-2.5mm thickness, effective 24 December. Quotes for 1.6mm down to 1mm CRC ar…
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