Pakistan: Major mills increase rebar offers further by $44/t

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Mughal Steel, Agha Steel and Faizan Steel have hiked rebar offers today by PKR 8,000/t ($44/t), sources informed.
Offers for G-60 rebar (10-12mm) stands at PKR 208,500- 209,000/t exw Punjab ($1,167-1,170/t), including taxes.
The price hike was triggered due to severe supply chain disruption increasing freight charges, scrap prices as well as cost of inputs.

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