Steel Prices in Pakistan experience sharp decline: Check latest rates here
Karobar
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ISLAMABAD: Steel prices in Pakistan have significantly decreased, with the cost per ton reducing by 20-22 thousand rupees.
This price drop is anticipated to be advantageous for those planning to initiate construction projects, as steel costs have dipped below 300,000 rupees. Industry experts foresee this reduction in steel prices as a catalyst for a boom in the construction sector.
Steel Prices in Pakistan for 2024
| Size in Sutar | 40 Grade Rate in PKR | 40 Grade Rate per Metric Ton in PKR | 60 Grade Rate per KG in PKR | 60 Grade Rate per Metric Ton in PKR |
| 3 sutar (10mm) | 260 | 260,000 | 262 | 262,000 |
| 4 sutar (12mm) | 258 | 258,000 | 260 | 260,000 |
| 5 sutar (16mm) | 258 | 258,000 | 260 | 260,000 |
| 6 sutar (20mm) | 258 | 258,000 | 260 | 260,000 |
| 7 sutar (22mm) | 258 | 258,000 | 261 | 261,000 |
| 8 sutar (25mm) | 258 | 258,000 | 261 | 261,000 |
Branded Steel Prices 2024
| Brand Name | 40 Grade Rate in PKR | 40 Grade Rate per Metric Ton in PKR | 60 Grade Rate per KG in PKR | 60 Grade Rate per Metric Ton in PKR |
| Amreli Steels | 268 | 268,000 | 270 | 270,000 |
| Mughal Steel | 266 | 266,000 | 268 | 268,000 |
| Agha Steel | 264 | 264,000 | 266 | 266,000 |
| Moiz Steel | 264 | 264,000 | 266 | 266,000 |
| Union Steel | 267 | 267,000 | 269 | 269,000 |
Latest Local Steel Prices 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 | PKR 244 | PKR 244,000 | PKR 246 | PKR 246,000 |
| Lahore | PKR 240 | PKR 240,000 | PKR 242 | PKR 242,000 |
| Islamabad | PKR 242 | PKR 242,000 | PKR 244 | PKR 244,000 |
