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30 Jan
10:31

Pakistani re-rollers hike coil prices on feedstock shortage

The shortage of hot rolled coil and other imported raw materials has forced Pakistani re-rollers to consecutively hike their downstream flat steel prices. Mills have raised their cold rolled coil quotes by PKR 20,000/tonne ($76.72), effective 30 January. This follows the price increase of PKR 10,000/t on 25 January and the previous hike of PKR 10,000/t done on 16 January, Kallanish notes. Aisha Steel has increased CRC (prime grade/annealed, skin passed and o…
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