Aisha Steel Cuts Flat Steel Prices by Up to Rs. 8,000 per Ton

Aisha Steel Mills Ltd (ASL), one of Pakistan's leading flat steel producers, has announced a reduction in prices for its flat steel products by up to Rs. 8,000 per ton, effective November 1, 2026. According to research by JS Global, the price of cold-rolled coil (CRC) has been cut by approximately Rs. 6,000 per ton to Rs. 202,450 per ton, while hot-dip galvanized coil (HDGC) has seen a reduction of Rs. 8,000 per ton to Rs. 191,800 per ton.

The new rates represent a decrease of about 2.9% for CRC, which was previously priced at around Rs. 208,450 per ton, and a 4% drop for HDGC, which was earlier at about Rs. 199,800 per ton. The adjustment was reported by M. Waqas Ghani, CFA, of JS Research, based on the brokerage's channel checks.

CRC and HDGC are essential raw materials for a wide range of products, including home appliances, car parts, steel furniture, roofing sheets, and construction materials. The price cut is expected to ease cost pressures on local industries that rely on flat steel, potentially leading to savings for manufacturers. For instance, a buyer of 10 tons of HDGC could save about Rs. 80,000 per order, while the same quantity of CRC would cost around Rs. 60,000 less.

Whether these savings will be passed on to consumers depends on manufacturers, but the reduction is likely to provide some relief to sectors such as construction and appliance manufacturing. As one of Pakistan's main flat steel producers, Aisha Steel's pricing decisions often influence the broader market, and this move could set a trend for other players.

The price cut comes amid fluctuating input costs and economic conditions, and industry observers will be watching to see if it stimulates demand and supports downstream industries. For now, the reduction offers a welcome respite to businesses grappling with rising production costs.