19
Apr
12:24
Electricity shortage forces Amreli rebar output cut
Amreli Steels has been forced to cut rebar production at its Karachi re-rolling mill by -40% due to “… severe” load shedding by electricity supplier K-Electric, the Pakistani steelmaker says.
“Due to non-availability of natural gas, K-Electric’s generation capacity has been acutely compromised and they have no other option but to cut back power across the consumer base,” Amreli says in a note seen by Kallanish. The drop in pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous