ASTL to resume production from Oct 1st

MG News | September 19, 2022 at 03:53 PM GMT+05:00

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September 19, 2022 (MLN): Amrelli Steels (ASTL) announced that the company will resume production from 1st October 2022, the company’s filings on the stock exchange showed.

On 31 August 2022, ASTL announced a temporary shutdown of its production plant because of decreased rebar demand in the country due to the monsoon season.

Moreover, during the period of shutdown ASTL has sufficient stocks in hand to meet its country’s demand.

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