Today Steel Rate In Pakistan

Steel Rate in Pakistan Today

Steel is an essential material for many industries, and its price is an important factor in the cost of construction. In Pakistan, the steel rate is constantly fluctuating and may vary depending on the location and size of the order. However, the current average steel rate for 40-grade steel per kg is Rs. 248. The current average steel rate for 60-grade steel per kg is Rs. 262.

Top Companies Steel Rate in Pakistan Today

MWPBNP PKR 248 - 262
Amreli Steel Ltd: PKR 271 – 273
Kamran Steel: PKR 266 – 268
SJ: PKR 263 – 265
Mughal Supreme: PKR 269 – 271
Ittehad Steel: PKR 274 – 276
FF Steel: PKR 266 – 268
Moiz Steel: PKR 267 – 269

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60-Grade steel Bar Latest Price List in Pakistan

The current price of a 60-grade steel bar in Pakistan is Rs. 2,35,000 per tonne. This is an increase from the previous month, when the price was Rs. 2,30,000 per tonne. The price of 60-grade steel bar is expected to continue to rise in the coming months due to increasing demand and supply constraints.

40-Grade steel Bar Latest Price List in Pakistan

The current price of a 40-grade steel bar in Pakistan is Rs. 2,05,000 per tonne. This is an increase from the previous month, when the price was Rs. 2,00,000 per tonne. The price of 40-grade steel bar is also expected to continue to rise in the coming months due to increasing demand and supply constraints.

Factors Affecting Steel / Saria Rate in Pakistan

There are a number of factors that affect the steel rate in Pakistan. These include:

The cost of raw materials: The price of steel is closely linked to the price of iron ore, coal, and other raw materials. When the price of raw materials increases, the price of steel also increases.
The demand for steel: The demand for steel is affected by the overall economic conditions in Pakistan. When the economy is booming, the demand for steel increases, which drives up the price.
The supply of steel: The supply of steel is affected by the number of steel mills in Pakistan and the production capacity of these mills. When the supply of steel is limited, the price of steel increases.
The exchange rate: The exchange rate between the Pakistani rupee and the US dollar also affects the steel rate in Pakistan. When the rupee weakens, the price of steel imports increases, which drives up the price of steel in Pakistan.

Is it a Good Time to Buy Steel?

The steel rate in Pakistan is expected to continue to rise in the coming months. However, there are a number of factors to consider before making a decision about whether or not to buy steel now. These include:

Your needs: Do you need steel immediately? Or can you wait until the price drops?
Your budget: How much are you willing to spend on steel?
The risk of further price increases: If you are concerned about the risk of further price increases, you may want to buy steel now. However, if you think the price will drop, you may want to wait.

Overall, the steel rate in Pakistan is volatile and it is difficult to predict what the price will do in the short term. However, the long-term trend is for the price to increase.