Pakistani producers of cold rolled (CR) and hot dip galvanized (HDG) coils have issued new offer prices for their domestic market, effective from July 15.
Accordingly, local Pakistani suppliers have increased their prices of CRC and HDG by another PKR 5,000/mt ($31.5/mt) compared to the previous announcement. Apart from rising input costs, the devaluation of the Pakistani rupee has placed additional pressure on mills. Specifically, since the beginning of June, the Pakistani rupee has weakened by three percent so far.
Thickness |
Producer |
|||||
Aisha Steel Mills |
International Steels Limited |
Hadeed Pakistan |
||||
PKR/mt |
$/mt |
PKR/mt |
$/mt |
PKR/mt |
$/mt |
|
CRC, 0.25-0.35 mm |
199,550-200,050 |
1,257-1,260 |
199,500-200,000 |
1,257-1,260 |
199,525-200,025 |
1,257-1,260 |
CRC, 0.5-0.9 mm |
191,750-193,050 |
1,208-1,216 |
191,700-193,000 |
1,208-1,216 |
191,725-193,025 |
1,208-1,216 |
CRC, 1-1.6 mm |
189,550-190,550 |
1,194-1,200 |
189,500-190,500 |
1,194-1,200 |
189,525-190,525 |
1,194-1,200 |
CRC 1.8-2.5 mm |
189,050 |
1,191 |
189,000 |
1,191 |
189,025 |
1,191 |
Thickness |
Producer |
|||
Aisha Steel Mills |
International Steels Limited |
|||
PKR/mt |
$/mt |
PKR/mt |
$/mt |
|
HDG, 0.25 mm |
216,550 |
1,414 |
216,500 |
1,414 |
HDG, 0.3-0.35 mm |
211,350-212,050 |
1,380-1,385 |
211,300-212,000 |
1,380-1,384 |
HDG, 0.4-0.6 mm |
202,650-209,550 |
1,323-1,368 |
202,600-209,500 |
1,323-1,368 |
HDG, 0.7-0.8 mm |
201,800 |
1,318 |
201,750 |
1,317 |
HDG, 1 mm |
197,900 |
1,292 |
197,850 |
1,292 |
HDG, 1.2-2 mm |
197,050 |
1,287 |
197,000 |
1,286 |
$1 = PKR 158,750