13
Nov
10:59
Pakistan's ISL awaits economic stability as margins squeezed
The Pakistani central bank’s decision to raise interest rates, coupled with the government’s efforts to secure an IMF loan could bring economic stability in the short to medium term, according to International Steels Limited (ISL). Pakistan’s economy is seen suffering from a large current account deficit, declining foreign exchange reserves, and a slowdown in growth.
“Steel prices have shown some weakness recently and the demand slowdown …
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Anonymous
Very good overview of the weekly steel market.
Anonymous