07
May
12:22
Aisha Steel eyes post-lockdown demand as imports decline
Prices and demand are likely to remain under pressure due to the Covid-19 pandemic, with markets taking a very cautious approach, says Aisha Steel Mills (ASML). With Pakistani economic activity slowing, steel imports are expected to decline, meaning local mills’ sales could pick up after lockdown measures are eased.
ASML’s sales and production fell -31% and -40% respectively on-quarter in the third fiscal quarter through March to 61,994 tonnes and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous