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13 Dec
14:14

Pakistani mills hike coil prices amid costlier feedstock

Pakistan-based re-rollers have hiked their cold rolled and galvanized coil offers by PKR 2,000/tonne ($8.89), mainly on the back of rising global hot rolled coil and imported scrap offers, Kallanish notes. This follows the price decrease of PKR 12,000/t on 10 November. Aisha Steel has increased CRC (prime grade/annealed, skin passed and oiled) prices to PKR 245,759/t for 1.8-2.5mm thickness, effective 13 December. Quotes for 1.6mm down to 1mm CRC are registered at…
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