Pakistan: Steel mills reduce CRCs, coated coils prices by PKR 12,000/t ($54)

Major Pakistani steel mills – International Steel, Aisha Steel Mills and Hadeed Pakistan Pvt Ltd – have reduced prices of cold-rolled coils (CRCs) and coated flat steel products by PKR 12,000/t ($54/t), effective 10 Nov’22. Mills have reduced prices in view of the recent recovery of PKR against dollar, low demand from the major steel consuming sectors and volatile global steel prices.