Steel Prices Further Up

Pakistan Steel Mills increased the prices of all products in the range of Rs 1500 to Rs 2000. According to sources of the Steel Mills increase of prices of hot and cold Rolled Steel were increased by Rs 1500 to 2000 per ton. The prices of the galvanized products were increased by Rs 1500 while the prices of other products of steel were increased by Rs 2000 per ton.
The Steel Mills’ administration told that the increased prices have been implemented with an immediate effect and said that this step has been taken due to increased prices of products of steel in the international market.
The Steel Mills’ administration stated that the increased rate of the steel prices would also cause the increase in the prices of the local steel products.