Karachi November 01 2021: Major challenges for Siddiqsons Tin Plate Limited are the high level of steel prices and non-availability of the input material of correct specification as per management of the company.
The increased prices of steel has impacted the price of ETP and thus viability of tin packaging, coupled with the tendency of using substitute products.
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The management being completely aware of the situation is closely monitoring and aims to maintain its market share through more competitive pricing and to consent the incorrect imposition of some levels says Chief Executive Officer Mr. Munir Qureshi
Exports is of prime focus and the management is continuously exploring additional destinations and customers for better means to remain competitive in the export market.