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14 Jun
09:09

Pakistan mills hike coil prices on costlier inputs

Pakistan-based flat steel producers have raised their cold rolled and galvanized coil offers by around PKR 8,200/tonne ($40), mainly because of the recent hikes in electricity tariffs and taxes. Owing to the surge in input costs, production cost has increased, Kallanish notes. Aisha Steel has raised CRC (prime grade/annealed, skin passed and oiled) prices to PKR 278,519/t for 1.8-2.5mm thickness, effective 14 June. Quotes for 1.6mm down to 1mm CRC are registered a…
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