Pakistani producers of cold rolled (CR) and hot dip galvanized (HDG) coils have decided to further decrease their offer prices given the continuous drop in import HRC quotations, coupled with slow end-user demand in the country. Accordingly, following a price decrease announced in the end of October, local prices of CRC and HDG have decreased again by PKR 12,000/mt ($54/mt) effective from November 10.
Meanwhile, suppliers from Japan and Taiwan have decreased their offers for SAE1006 HRC to around $550/mt CFR, down by $10-15/mt over the past two weeks and down from $590-600/mt CFR a month ago.
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 |
218,550-219,050 |
983-986 |
218,500-219,000 |
983-986 |
218,525-219,025 |
983-986 |
CRC, 0.5-0.9 mm |
210,750-212,050 |
948-954 |
210,700-212,000 |
948-954 |
210,725-212,025 |
948-954 |
CRC, 1-1.6 mm |
208,550-209,550 |
939-943 |
208,500-209,500 |
939-943 |
208,525-209,525 |
939-943 |
CRC 1.8-2.5 mm |
208,050 |
936 |
208,000 |
936 |
208,025 |
936 |
Thickness |
Producer |
|||
Aisha Steel Mills |
International Steels Limited |
|||
PKR/mt |
$/mt |
PKR/mt |
$/mt |
|
HDG, 0.25 mm |
235,550 |
1,060 |
235,500 |
1,060 |
HDG, 0.3-0.35 mm |
230,350-231,050 |
1,037-1,040 |
230,300-231,000 |
1,037-1,040 |
HDG, 0.4-0.6 mm |
221,650-228,550 |
998-1,028 |
221,600-228,500 |
998-1,028 |
HDG, 0.7-0.8 mm |
220,800 |
994 |
220,750 |
994 |
HDG, 1 mm |
216,900 |
976 |
216,850 |
976 |
HDG, 1.2-2 mm |
216,050 |
972 |
216,000 |
972 |
