27
Jan
16:34
Pakistan demand diminishes further, anticipated mini-budget revival fails
Contrary to the expectations of Pakistan’s steel industry, the mini-budget has not provided a direct lift to steel demand in the nation. Demand for local scrap is low, billet is traded in very limited quantities and the construction sector is still down, owing to which demand for rebar has declined, various participants tell Kallanish.
Imported shredded scrap offers in Pakistan are hovering at $545-550/tonne cfr Port Qasim this week. Pakistan mills were hear…
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Anonymous
Very good overview of the weekly steel market.
Anonymous