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News

24 Jan 24

Offer 5158: PPGI UNASSORTED SHEETS Ex Europe

Origin:                             Europe  Material:                          2nd Choice                          Selection:                        Not Allowed                               QTY:                                140 MT Sizes:                              0,4 mm to 1,5 mm majority from 0,5 to 0,75 mm Width:                             900 to 1500mm majority bigger 1240mm – 1500 mm Length:                          1000 mm to 3000mm, majority bigger than 1500 mm Price :                            …
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09 Oct 23

Offer 5140: PPGI Steel Coils Stock Ex Mill China

Origin:                             China Material:                          PPGI Coils Quality:                            A Grade Selection:                         Not Allowed                               QTY:                                110 Tons,  Sizes:                              0.28 MM ~ 0.51 MM Width:                             1000 MM ~ 1219 MM Price :                             USD 685/-PMT CFR to Karachi port. Kindly submit your firm bid with destination port
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11 Jul 23

Offer 5096: PPGI Steel Coils Ex Europe

Pleased to offer, subject unsold, as follows, Non-Prime PPGI steel coils Origin : West Europe QTY : 973/MT Payment : Sight LC Shipment : July/Aug  – 2023 Validity  : subject to mill recon. Price : we need firm bid –  EX works Antwerp / CFR your port basis
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Scrap offers down in Pakistan, following global trend

  • August 26, 2021
The mounting uncertainty as regards the future developments in the global #steel market, caused by the slump in #ironore prices and, in particular, the weak sentiments in the Turkish #scrap market, have made Pakistani buyers more persistent in asking for discounts when negotiating new scrap bookings. As a result, by…
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Chinese GI and PPGI Market Weekly Report

  • December 8, 2015
The prices of galvanized steel coils (GI) and prepainted galvanized steel coils (PPGI) went down a bit last week (Dec.01-Dec.07, 2014). The news of the measures taken by the government to encourage the growth of the economy becomes a big support of the steel price. The central bank announced to…
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Regular Duty Imposed in Steel by Pakistan Govt

  • February 10, 2015
ISLAMABAD: The Economic Coordination Committee of the cabinet has imposed regulatory duty on mobile phones and steel products and approved a policy for short-term independent power producers. The ECC imposed 15pc regulatory duty on steel products – billets, barsand wire rods, and 5pc on cold-rolled coils and galvanised platted sheets…
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Chinese GI and PPGI Market Weekly Report

  • January 26, 2015
The prices of galvanized steel coils (GI) and prepainted galvanized steel coils (PPGI) continued to go down a bit last week (Jan.19-Jan.25, 2015).The market needs are not good now. More and more producers began to close their production lines to cut down their loss. The supply of the steel is…
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ArcelorMittal struggles through oversupplied market

  • January 20, 2015
The years of excess steel making capacity, especially in China, have put an unrelieved pressure on the global steel sector. In 2014, when steel demand growth ceased in China, the largest steel consumer, the problem of excess capacity turned into the real overproduction crisis. An excess is typical for both…
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China removes boron-added steel export rebate

  • January 3, 2015
China removed export tax rebates on boron-added steel from January 1, the country’s finance ministry vowed Wednesday. The affected boron-added products and their tax codes are hot rolled plate and sheet 600 mm and above wide (72254091), hot rolled narrow strip (72269191), wire rod (72279010) and bars (72283010). Exporters of…
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