10
Jun
01:00
Pakistan cold roller sees HRC price bottoming, targets thinner gauge production
Pakistani cold roller Aisha Steel Mills (ASML) sees hot rolled coil prices nearing bottom and remaining stable for “some time”, while production this quarter is targeted at 15,000 tonnes, matching the quarter through March (FQ3). These developments will improve margins and create gross profitability, the firm says in a report seen by Kallanish.
The company’s operations are, however, currently constrained by ongoing work to upgrade overheard…
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Anonymous
Very good overview of the weekly steel market.
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