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28 Apr
15:01

Pakistan's Mughal anticipates increased rebar demand, prices

Mughal Steel expects improved local sales prices to boost its revenue, with demand for its rebar seen increasing while girder sections demand should be stable, the Pakistani long steelmaker says. Projects linked to the China-Pakistan Economic Corridor are seen driving domestic steel demand in the medium term. “It is expected that in the early stages of economic development, steel consumption is expected to increase at a faster rate because huge quantities …
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