- Major steel mills in Pakistan – Mughal Steel, Agha Steel, Faizan Steel, etc have raised rebar offers recently by PKR 7,000-9,000/t ($39-50/t), sources informed.
- Offers for G-60 rebar (10-12mm) stands at PKR 195,000- 200,500/t exw Punjab ($1,080-1,111/t), including taxes.
- The price hike has been a result of severe supply chain disruptions, scrap shortages, and a sharp increase in the cost of inputs.
Leave a Reply