Tag: Domestic market prices in Pakistan

  • Pakistan: Mills lift rebar offers on rising imported scrap prices

    Pakistan: Mills lift rebar offers on rising imported scrap prices

    Pakistan-based steel mills increased their rebar offers by around PKR 4,000-5,000/tonne (t) ($25-32/t) owing to a hike in scrap prices. Offers from all leading mills are hovering in the range of PKR 149,000-150,500/t ex-Punjab levels. However, the workable prices stand at PKR 147,000-148,000/t exw. SteelMint’s assessment for G-60 rebar stands at PKR 147,000/t exw, up…