01
Nov
11:45
Aisha sees coil price stability, hikes sales
Aisha Steel Mills (ASML) expects both domestic and international hot rolled coil prices to remain stable in the second fiscal quarter through December (FQ2). This after Chinese HRC prices rose to $550/tonne fob at the end of FQ1 versus $470/t at the start.
ASML saw sales rise 10% on-year in FQ1 to 53,503 tonnes, while production rose 2.68% to 43,692t. Capacity utilisation rose 3 percentage points to 82%. Revenue grew 66.4% to PKR 4.24 billion ($40.25 million), w…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous