- Pakistan’s steel majors, Mughal Steel and Amreli Steels raised rebar offers by PKR 10,000/t ($44/t).
- Current offers for G-60 grade rebars (10-12 mm) are at PKR 250,000-252,000/t exw-Punjab ($1,088-1,097/t), including taxes, effective 20 Jan’23.
- Due to a shortage of raw materials and keeping in view the current economic conditions in Pakistan, the company has revised its rebars prices.
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