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28 Sep
13:42

Pakistan's ISL raises market share, foresees economic challenges

Numerous factors hampered Pakistani economic activity and reduced cold rolled coil and hot-dip galvanized coil consumption by 36% on-year in the fiscal year through June 2023 (FY23). However, International Steels Limited (ISL) raised its market share to 36% from 31%, the firm says. FY23 sales reached 308,000 tonnes, with exports comprising 48,000t, despite the challenges posed by the contraction of the North American market. Pakistan’s $3 billion deal with …
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