ISL increases steel prices by Rs5,000 per ton

News Image

By MG News | May 19, 2022 at 10:45 AM GMT+05:00

0:00

May 19, 2022 (MLN): International Steel Limited (ISL) has raised the prices of Cold Roll Coil (CRC) and Hot Dipped Galvanized Coil/Sheets (HDGC) by Rs5,000 per ton with effect from May 19, 2022.

The new prices are now Rs232.5k per ton for CRC and Rs243.8k per ton for HDGC.

According to Topline Securities, other players in the sector will follow the ISL’s suit.

This price hike came after almost a month which is due to continuous PKR devaluation as the HRC prices globally have come down recently due to sluggish demand, as per a note by Ismail Iqbal Securities.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,659.04
136.86M
0.22%
288.89
ALLSHR 83,370.22
488.88M
0.35%
289.06
KSE30 40,776.45
45.78M
0.17%
71.14
KMI30 192,691.37
53.70M
0.06%
110.69
KMIALLSHR 55,976.02
275.05M
0.25%
140.31
BKTi 36,491.35
9.17M
0.48%
174.18
OGTi 28,672.01
6.18M
0.45%
129.05
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,760.00 108,880.00
107,680.00
305.00
0.28%
BRENT CRUDE 69.26 69.50
69.03
-0.32
-0.46%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.00 106.75
106.00
0.25
0.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.52 67.97
67.40
-0.41
-0.60%
SUGAR #11 WORLD 16.25 16.46
16.07
-0.13
-0.79%

Chart of the Day


Latest News
July 08, 2025 at 12:04 PM GMT+05:00

Saudi Riyal available at PKR 76.4 in open market


July 08, 2025 at 11:55 AM GMT+05:00

NBP leads Pakistan’s banks in shareholder value surge


July 08, 2025 at 11:39 AM GMT+05:00

Pakistan-Afghanistan railway talks progress


July 08, 2025 at 10:42 AM GMT+05:00

Pakistan moves to regulate crypto with PVARA approval



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg