Karachi October 20 2023: Pakistan steel rebar manufacturers cut prices by PKR 10,000 per ton in order to pass on the benefit of currency appreciation to customers.
On cumulative basis, rebar manufacturers cut prices by PKR 39,000 per ton in a period of less than one month.
"The New Ex Factory Booking Rates of Amreli Steels Rebars from 20th October, 2023 are PKR 255,000/MT for size (9.5/10mm) & PKR 253,000/MT for size (12mm & above) (Deform and Xtreme Rebars)" says Amreeli Steel in its notification to customers.
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