CRC and HDG prices in Pakistan skyrocket

Monday, 22 March 2021 17:38:38 (GMT+3)   |   Istanbul
       

On March 22, Pakistani producers of cold rolled (CR) and hot dip galvanized (HDG) coils have again revised their prices upwards, aiming to offset higher input costs. The most recent import HRC offers have been voiced to Pakistani customers at $840/mt CFR Karachi at the lowest, while a few suppliers have been testing the market with offers at $850/mt CFR Karachi, as SteelOrbis reported earlier.

Accordingly, local prices of CR and HDG coils have largely increased by $32/mt (PKR 5,000/mt) compared to the previous offers voiced on March 10. Offers of HDG of 0.25-0.35 mm thickness have soared by about $45/mt (PKR 7,000/mt).

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

167,550-168,050

1,075-1,078

167,500-168,000

1,075-1,078

167,525-168,025

1,075-1,078

CRC, 0.5-0.9 mm

159,750-161,050

1,025-1,034

159,700-161,000

1,025-1,033

159,725-161,025

1,025-1,033

CRC, 1-1.6 mm

157,550-158,550

1,011-1,017

157,500-158,500

1,011-1,017

157,525-158,525

1,011-1,017

CRC 1.8-2.5 mm

157,050

1,008

157,000

1,008

157,025

1,008

 

Thickness

Producer 

Aisha Steel Mills

International Steels Limited

PKR/mt

$/mt

PKR/mt

$/mt

HDG, 0.25 mm

182,550

1,171

182,500

1,171

HDG, 0.3-0.35 mm

177,350-178,050

1,138-1,143

177,300-178,000

1,138-1,142

HDG, 0.4-0.6 mm

170,650-175,550

1,095-1,127

170,600-175,500

1,095-1,126

HDG, 0.7-0.8 mm

169,800

1,090

169,750

1,089

HDG, 1 mm

168,900

1,065

165,850

1,064

HDG, 1.2-2 mm

165,050

1,059

165,000

1,059

$1 = PKR 155,828


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