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Steel Prices in Pakistan experience sharp decline: Check latest rates here

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Web Desk

ISLAMABAD: Steel Prices Decrease in Pakistan: Steel and iron prices in Pakistan have seen a significant decline, with the price per ton dropping by 20-22 thousand rupees.

This reduction in prices is expected to benefit individuals planning to start construction projects soon, as the cost of steel has fallen below 300,000 rupees. Experts predict that this decrease in steel prices will lead to a surge in the construction industry.

Steel Price in Pakistan for 2024

Size in Sutar 40 Grade Rate 40 Grade Rate per Metric Ton 60 Grade Rate per KG 40 Grade Rate per Metric Ton
3 sutar per 10mm PKR 260 PKR 260,000 PKR 262 PKR 262,000
4 sutar per 12mm PKR 258 PKR 258,000 PKR 260 PKR 260,000
5 sutar per 16mm PKR 258 PKR 258,000 PKR 260 PKR 260,000
6 sutar per 20mm PKR 258 PKR 258,000 PKR 260 PKR 260,000
7 sutar per 22mm PKR 258 PKR 258,000 PKR 261 PKR 261,000
8 sutar per 25mm PKR 258 PKR  258,000 PKR 261 PKR 261,000

Read More: Asian markets mixed as traders steel for more rate hikes

Branded Steel Price 2024

Brand Name 40 Grade Rate in KG 40 Grade Rate in Metric Ton 60 Grade Rate in KG 60 Grade Rate in Metric Ton
Amreli Steels PKR. 268 PKR. 268,000 PKR. 270 PKR. 270,000
Mughal Steel PKR. 266 PKR. 266,000 PKR. 268 PKR. 268,000
Agha Steel PKR. 264 PKR. 264,000 PKR. 266 PKR. 266,000
Moiz Steel PKR. 264 PKR. 264,000 PKR. 266 PKR. 266,000
Union Steel PKR. 267 PKR. 267,000 PKR. 269 PKR. 269,000

Local Steel Latest Price in Pakistan

Cities 40 Grade Rate in KG 40 Grade Rate in Metric Ton 60 Grade Rate in KG 60 Grade Rate in Metric Ton
Karachi PKR244 PKR. 244,000 RS. 246 RS. 246,000
Lahore PKR. 240 PKR. 240,000 RS. 242 RS. 242,000
Islamabad PKR. 242 PKR. 242,000 RS. 244 RS. 244,000
Web Desk

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