02
Mar
15:19
Aisha Steel deliveries plunge but exports jump
Owing to subdued demand, costlier feedstock and rising international prices compounded by the depreciating Pakistani rupee, Aisha Steel dropped steel output during July-December 2021, the first fiscal half-year.
The mill recorded a 3% on-year output drop to 174,200 tonnes, against 179,070t produced a year earlier. Deliveries plunged 25% to 151,916t during H1 but exports grew from last year’s 7,149t to 20,335t. Exports were mainly destined to Europe, the US a…
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Anonymous
Very good overview of the weekly steel market.
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