Tag: Pakistan deformed steel bar prices
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Pakistan: Imported Scrap Offers Fall; Local Steel Prices Continue Downtrend
SteelMint learned in recent conversation with market participants that Pakistan steel market remains dull on the depressing ongoing situation. Almost 50% of furnaces and many rerolling mills in the country are still closed amid poor economic stability. While major steelmakers stand slow going amid the possibility of production cuts to avoid forecasted losses on high…