21
Feb
11:56
Smuggled steel creating ‘havoc’ in Pakistan: steelmakers’ association
The rising influx of smuggled steel from neighbouring Afghanistan has created “havoc” in the Pakistan domestic steel market, says the Pakistan Association of Large Steel Producers (PALSP).
According to PALSP, the domestic steel industry has witnessed an estimated revenue loss of PKR 4.8 billion ($27.21 million) due to steel being smuggled from Afghanistan as well as Iran in recent months, Kallanish notes. Around 50,000 tonnes of steel are reported to h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous