Tag: Pakistan prices
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Pakistan: Imported scrap market muted amid currency crisis; rebar prices rise further
Pakistan’s major mills kept their rebar prices high to maintain adequate liquidity to line up higher operational costs. Political uncertainties and the ongoing currency crisis pushed steel mills to raise prices to ensure smooth production. The country’s steel majors like Mughal Steel and Amreli Steels raised their rebar offers by PKR 10,000/t ($43/t) towards the…