Tag: Pakistan Steel Prices

  • Pakistan: Domestic Steel Prices Shoot Up Amid Currency Devaluation

    Pakistan: Domestic Steel Prices Shoot Up Amid Currency Devaluation

    SteelMint learned in recent conversations with industry participants that Pakistan’s steel market has turned uncertain after its currency hit record low levels. Pakistan Rupee has devalued again to new all-time record high levels of 153-154 today against USD from 147-148 levels closing last week. After the government reached a preliminary agreement with the IMF for…