Prices in the Pakistani domestic flat steel market have started to move upwards. Especially, the price rises seen for imported ready-stock material are supported by increased demand. SteelOrbis has been informed that in the local Pakistani steel market traders' offers for ex-Ukraine hot rolled coils stand in the price range of PKR 73,500-74,500/mt ($858-870/mt), while ex-Australia HRC are being offered via traders at the level of PKR 75,000-75,500/mt ($876-882/mt) - both price ranges include taxes and are ex-warehouse.
$1 = PKR 85.63