08
Mar
00:00
Pakistan CR mill praises duty imposition, completes rights issue to reduce finance cost
The implementation in January by Pakistan’s government of a 5% duty on cold rolled coil imports will bring relief to local producers, says Pakistani cold roller Aisha Steel Mills (ASML). However, the firm continues to lobby the state to alter its free trade agreement with China, which it claims is having an unfavourable impact on the domestic CRC market.
The producer’s rights issue – initiated in December – for an amount of PKR 1.72 b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous