Amreli Steels Limited announced on Wednesday that it will close all its production facilities for approximately 20 days. In the letter sent to the Stock Exchange, the company informed that its factories were closed.
"Due to the low demand for steel bars in the country due to the monsoons and flash floods seen throughout the country, the company has decided to close its facilities for twenty days," the company said.
As a result, there will be no production from 31 August to 19 September 2022.
Resumption of operations or further extension of production suspension will be notified depending on the situation.
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