31
Oct
11:47
Pakistani mills reduce rebar quotes amid falling sentiment
Following the drop in Pakistani domestic steel market sentiment amid falling imported scrap prices coupled with low finished steel sales, demand and political instability, Pakistani mills have reduced their quotes for rebar.
The overall drop is mainly attributed to months-long sluggishness following severe flash floods across the Sindh and Baluchistan provinces. The government is yet to release the development funds for the repair of infrastructure and logistical …
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Anonymous
Very good overview of the weekly steel market.
Anonymous