Steel producers in Pakistan gradually resume operations

Monday, 11 May 2020 17:20:14 (GMT+3)   |   Istanbul

The gradual relaxation of Covid-19 measures in Pakistan, which started from May 9, has resulted in local flat steel and pipe producers resuming their operations.

One of the largest local manufacturers, International Industries Limited, has recently announced the resumption of operations at three producing units in Karachi and Lahore starting from May 11. The company said it remains dedicated to the government’s Covid-19 measures and will make sure all precautions are taken to ensure employees’ safety, SteelOrbis has learned. According to the company’s statement, continuous export activity is targeted for now. International Industries Limited has a capacity of over half a million mt of welded pipes and is a part of a group which includes one of the largest cold rolling productions in Pakistan.

According to local media sources, a similar statement was made by Pakistani long steel producer Mughal Iron and Steel Industries Limited: “We have recommenced our plant operations and offices with effect from today. However, we remain fully dedicated to the safety, health and well-being of our employees by implementing safety protocols and ensuring strict adherence thereto."

Still, producers remain restricted in their operations as according to the government’s announcement, business activities should be carried out from 6 a.m. to 4 p.m. on a daily basis, SteelOrbis understands.

AnnaVoloshenko
Anna Voloshenko
Editor

Having now over 14 years of experience in steel market analyses and price reporting, joined SteelOrbis in 2019 to head and manage the market intelligence department. Currently overlooking the price developments in the steel sectors of Turkey, MENA region, Europe and partly the CIS. The markets of flats, longs, steel slab and billet are among the current key responsibilities. I have a bachelor’s degree from Ukraine’s Dnipro National University, a master’s degree in the international trade and finance.


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