22
Oct
17:02
Bank questions Pakistan steel sector profitability post expansion
Pakistan’s domestic steel industry is benefiting from investment and operational stimulus. However, as new steel capacity comes online, the profitability of producers will depend on overall activity in the real and construction sectors going forward, according to State Bank of Pakistan (SBP).
Pakistani steel industry output grew 21.8% on-year in the fiscal year through June 2018, following 20.5% growth the year before. Demand was driven by infrastructure p…
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