Flat steel price jumps by Rs5,000/ton
MG News | March 10, 2022 at 10:58 AM GMT+05:00
March 10, 2022 (MLN): Flat steel manufacturers have raised the prices of CRC and HDGC by Rs5,000 per ton to clock in at Rs216,500 per ton and Rs227,800 per ton, respectively, as per reported by Topline Securities on Thursday.
The new prices are effective from today, March 10, 2022.
The increase in the local flat steel prices is mainly due to the recent spike in international HRC prices.
To recall, this is the second hike in local flat steel prices in the month of March, taking a cumulative increase of Rs8,000 per ton.
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