Pakistan’s Amreli Steel lowers rebar offers by PKR 9,000/t ($41/t)

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Amreli Steels Limited, Pakistan’s one of the leading steel producers, announced another price cut in rebar by PKR 9,000/t ($41/t), SteelMint learnt from sources.
After revision, fresh offers are at PKR 216,000/t ($977/t)for 9.5/10 and 12mm, whereas, PKR 214,000/t ($967/t) for 16mm and above, effective from 31 Oct’22.
However, tradable prices are at PKR 205,000-210,000/t exw levels.

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