Pakistan: Major mills raise rebar offers by up to PKR 3,000/t ($13/t)

  • Major steel mills in Pakistan hiked rebars offers by PKR 2,000-3,000/t ($9-13/t) with immediate effect, sources informed.
  • The current offers for G-60 rebars (10-12mm) are at PKR 200,000-202,000/t exw-Punjab ($889-898/t) including taxes.
  • Prices increased due to severe disruption in supply chain and continuous rise in raw material prices.

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