07
Jun
09:35
Aisha Steel launches galv output, struggles with costs
Aisha Steel Mills (ASML) reported a -20% on-year drop in sales in the nine months through March to 134,747 tonnes, as Pakistan’s market remained under pressure from a slowdown in business activity, the firm says.
Adding to this pressure was further devaluation of the rupee against the dollar. “Local manufacturers were able to pass on only partial impact of the devaluation to customers,” ASML says in a report seen by Kallanish. Nine-month p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous