Industry News

Pakistan’s HRC market still weak now due to lockdown policy from govt

Views : 298
Author : Kelly
Update time : 2020-05-11 14:02:39
According to the market in Pakistan, the hot-rolled coil market was remained cold now, due to the lockdown policy and the weak sales of automobiles in domestic.

However, the market participants believed that the virus situation was easing now, and the demand would resume once the government re-open the market.

Currently, most of the market participants were waiting for the government’s re-open policy, and which might further stimulate market demand.
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