Pakistan: Mughal Steel raises rebars offers by PKR 5,000/t ($22/t)

  • Pakistan’s steel major, Mughal Steel raised rebars offers by PKR 5,000/t ($22/t).
  • Current offers for G-60 (10-12 mm) are at PKR 220,000-222,000/t exw-Punjab ($970-979/t), including taxes effective from 28 Oct’22.
  • Due to a shortage of raw materials & keeping in view the current economic conditions in Pakistan, the company has revised its rebars prices.
  • The rebars production capacity of the company is around 5,00,000 t per annum.

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