Amreli Steel increases rebar price to 229,000/MT

MG News | June 13, 2022 at 03:36 PM GMT+05:00

0:00

June 13, 2022 (MLN): Amreli Steels have increased the booking rates to Rs.231,000/MT for size (9.5/10mm & 12mm) & Rs.229,000/MT for size (16mm & above), the company notified on Monday.

This increase is attributable to the continuous and unprecedented increase in the cost of energy and highly volatile PKR-USD Parity.

Meanwhile, Topline Securities informed that other manufacturers in the long steel industry (rebar) have increased steel rebar prices by Rs7,000 per ton in both the North and South regions to Rs226,000 per ton and 229,000 per ton, respectively.

The new prices are effective from June 13, 2022.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,754.04 478.71M	-0.11% -181.16
ALLSHR	98,095.87 1,113.64M	0.11% 106.23
KSE30	48,936.51 112.03M	-0.30% -146.62
KMI30	230,761.54 97.45M	-0.36% -829.02
KMIALLSHR	63,779.12 782.10M	0.08% 48.74
BKTi	44,370.08 28.91M	-0.32% -141.19
OGTi	31,126.51 12.76M	-0.33% -102.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	95,790.00	96,100.00 92,975.00	1425.00 1.51%
BRENT CRUDE	63.99	64.12 63.67	-0.40 -0.62%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	-0.25 -0.29%
ROTTERDAM COAL MONTHLY	96.45	0.00 0.00	0.30 0.31%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.70	59.84 59.32	-0.39 -0.65%
SUGAR #11 WORLD	14.71	14.94 14.71	-0.25 -1.67%