Tag: Pakistan: Steelmakers cuts CRC

Pakistan: Steelmakers cut CRC, coated flat steel prices by PKR 45,000/t ($161/t)

Aug 23, 2024

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by

Snehal Govardhan

in CRC

Pakistan’s domestic steelmakers have cut prices of CRC and coated flat steel by PKR 45,000/t ($161/t), effective from 23 Aug’24. This marked the first price decrease since late December 2023. Moreover, prices dropped due to lower Chinese steel import prices, sluggish global market sentiments and weaker demand.