With the increasing demand for housing projects, the steel rate in pakistan also increased very fast. We know that everyone wants a functional house for a living experience. So the demand for housing materials has also increased with time. When the material is short in the marketplace, the steel rate in pakistan becomes very high. We know that Steel is a lightweight material of iron and carbon.
Steel is one of the important materials used in the construction industry. Its strength, long-lasting uses, and protection from corrosion make it an ideal component for houses, apartments, towers, industrial buildings, bridges, commercial or residential projects, etc. We also know that the local steel sector plays an important role in the economic growth of the country. In this article, we will discuss the steel rate in pakistan. So stay connected with us:
List of Steel Rate in Pakistan
Brands Name | 40 Grade Price Per KG | 40 Grade Rate Per Metric Ton | 60 Grade Price Per KG | 60 Grade Rate Per Metric Ton |
Mughal steel | 260 | 260,000 | 262 | 262,000 |
Five-star steel | 258 | 258,000 | 259 | 259,000 |
Agha steel | 261 | 261,000 | 263 | 263,000 |
Amreli steel | 260 | 260,000 | 263 | 263,000 |
Moiz steel | 257 | 257,000 | 259 | 259,000 |
Union steel | 256 | 256,000 | 258 | 258,000 |
AF steel | 261 | 261,000 | 263 | 263,000 |
City-Wise Latest Steel Price in Pakistan
City wise local steel | Price per kg | Price per metric tone |
Lahore | 240 | 240,000 |
Islamabad | 241 | 241,000 |
Faisalabad | 239 | 239,000 |
Peshawar | 238 | 238,000 |
Quetta | 243 | 243,000 |
Multan | 239 | 239,000 |
Karachi | 242 | 242,000 |
Gujranwala | 237 | 237,000 |
Factors Affect Steel Prices in Pakistan
Global Market Trends:
The international steel market impacts local prices. We can say that changes in world supply and demand, changes in raw material costs, and international trade policies can cause changes in steel rate today in Pakistan.
Exchange Rate Fluctuations:
We know that changes in the values of the Pakistan currency against the US Dollar also play an important role in steel prices. Because the low Rupee often leads to higher import costs. In this case, steel prices also increase in the marketplace.
Raw Material Costs:
The cost of raw materials like iron core, coal, and metal directly affects steel production costs. When the cost of raw materials changes, these materials prices affect the Steel rate today in steel companies in pakistan.
Government Policies:
Import duties, taxes, and government regulations on steel production and import can impact the overall pricing structure. The policy changes aimed at protecting local industries or controlling any change may influence steel prices.
Local Supply and Demand:
The balance between steel supply and demand in Pakistan is a big factor in price change. High demand with limited supply leads to price increases, while an oversupply can drive prices down. In this way, all these factors affected the steel rate in Pakistan today in steel companies.
List of Steel Companies in Pakistan
Although steel companies are facing difficulties due to the high demand for sustainable housing options. But still, there are some steel mills or companies available that are working very efficiently and providing the best quality construction steel material. Here are the names of these steel companies in pakistan.
- Amreli Steel Ltd
- Ittehad Steel Industries
- Mughal Iron & Steel Industries Ltd
- Abbas Steel Group
- Aisha Steel Mills Ltd
- Agha Steel Industries Limited Ltd
- Peoples Steel Mills Ltd
- Kamran Steel
- AS Steel Group
- FF Steel
- Moiz Steel
Final Words
In last, as we know sustainable housing demand is increasing very fast, so the steel prices also change with market trends. When the Pakistani rupee down their worth with the YS dollar, the steel automatically increased in steel companies. Also when the export increases and steel quantity decreases in the country, then prices increase due to a shortage of material. In this way, steel price in pakistan varies with the market's current conditions. So if you want to know the steel rate in pakistan today, the best steel companies in pakistan, and factors that affect steel prices, all the information is described in this article very accurately.
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