Pakistan: Faizan Steel announces closing of fresh rebar bookings

  • Pakistani steel major, Faizan Steel, has announced the closing of sales and bookings of finished steel (rebar) due to an unexpected shortage of raw materials and the non-opening of LCs. Other mills are expected to stop sales in coming days.
  • The company has closed rebar bookings from 24 Feb’23 and the new order booking date will be informed shortly.

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