On February 23, Pakistani producers of cold rolled (CR) and hot dip galvanized (HDG) coils have increased their prices further with the support of rising feedstock offers. However, the sharp rise of import hot rolled coil (HRC) offers has made local re-rollers quiet cautious as regards signing new bookings. According to some of them, there is a question market over the duration of the uptrend.
Accordingly, CRC and HDG prices in Pakistan have risen by PKR 2,000/mt ($12/mt) compared to the previous offers voiced on January 14. The dollar-based quotations have risen by $22-23/mt due to the revaluation of the Pakistani rupee.
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 |
156,550-157,050 |
987-990 |
156,500-157,000 |
987-990 |
156,525-157,025 |
987-990 |
CRC, 0.5-0.9 mm |
148,750-150,050 |
938-946 |
148,700-150,000 |
937-946 |
148,725-150,025 |
938-946 |
CRC, 1-1.6 mm |
146,550-147,550 |
942-930 |
146,500-147,500 |
924-930 |
146,525-147,525 |
924-930 |
CRC 1.8-2.5 mm |
146,050 |
921 |
146,000 |
920 |
146,025-146,025 |
921 |
Thickness |
Producer |
|||
Aisha Steel Mills |
International Steels Limited |
|||
PKR/mt |
$/mt |
PKR/mt |
$/mt |
|
HDG, 0.25 mm |
169,550 |
1069 |
169,500 |
1069 |
HDG, 0.3-0.35 mm |
164,350-165,050 |
1036-1041 |
164,300-165,000 |
1036-1040 |
HDG, 0.4-0.6 mm |
159,650-162,550 |
1006-1025 |
159,600-162,500 |
1006-1024 |
HDG, 0.7-0.8 mm |
158,800 |
1001 |
158,750 |
1001 |
HDG, 1 mm |
154,900 |
977 |
154,850 |
976 |
HDG, 1.2-2 mm |
154,050 |
971 |
154,000 |
971 |