- Pakistan’s only 100% EAF technology steel producer, Agha Steel, revised its rebars offers by PKR 4,000-5,000/t ($17-22/t), with immediate effect from 9 Jan’23, sources informed.
- The current offers for 16-32 mm are at PKR 231,500/t & for 10-12mm at PKR 233,500/t exw-Punjab, including taxes. However, the tradable prices are lower by PKR 5,000-6,000/t ($22-26/t).
- Prices increased due to the continuous hike in raw material prices and cost of production.
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