According to the price list dated October 5, 2006, Pakistan Steel has increased its domestic sales prices for hot rolled coils by PKR 500/ton (approx. $8/ton). The new prices are at the following levels:
Thickness Price Up to 2 mm PKR 36,500/ton (approx. $602/ton) 2-2.35 mm PKR 34,800/ton (approx. $574/ton) 2.35-3.00 mm PKR 34,300/ton (approx. $566/ton) Over 3.00 mm PKR 34,800/ton (approx. $574/ton)1 USD = 60.5800 PKR Prices are ex-mill basis and exclude sales tax/excise duty.