In a disconcerting turn of events, domestic steel product prices witnessed yet another upward revision during the month of August.
The construction sector, a cornerstone of the nation’s economic development, is feeling the brunt of escalating raw material costs and the devaluation of the Pakistani rupee.
Steel rebar prices, a critical component in construction, have seen a staggering increase of up to Rs. 8,000 per ton, a revision effective from August 29, 2023.
According to JS Research, retail prices now hover within the range of Rs. 282,000 to Rs. 288,000 per ton.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
