- Major steel mills in Pakistan like Amreli, Agha Steel and Faizaan Steel have lifted their rebar offers by PKR 2,000/t ($11/t) today, SteelMint learnt from sources.
- Revised offers for 10-12 mm rebar stand at PKR 197,000-198,000/t exw ($1,115-1,121/t), exy-Punjab, including taxes.
- Rebar offers have risen amid hike in input costs for steelmaking, increasing energy costs and the continuous devaluation of the country’s currency.
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