Tag: Pakistan sales tax
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Pakistan: Mills continue to lift rebar offers, imported scrap market subdued
Pakistan’s domestic steel market sentiments continued to remain robust for yet another week. Major steel mills continued to lift their rebar offers by around PKR 4,000-5,000/tonne (t) ($23-29/t), SteelMint learnt from sources. A sharp increase in input costs, currency depreciation and recent changes in the sales tax structure in the country remained the major factors…