Steel Rate in Pakistan Today – (June 21, 2024)

Steel is the backbone of Pakistan’s construction industry, used in everything from buildings and bridges to homes and factories. Understanding current steel prices is crucial for anyone involved in construction projects. This article provides a comprehensive overview of steel prices in Pakistan, including factors that affect them and how to make informed buying decisions.

Types of Steel Products in Pakistan

There are various types of steel products available, but the most common in Pakistan include:

  • Saria (deformed bars): These ribbed bars come in different grades (40 and 60) and thicknesses (diameters). Grade 60 steel offers superior strength compared to Grade 40. Thickness is measured in millimeters (mm), with common sizes ranging from 10mm to 25mm.
  • TMT bars (thermo-mechanically treated bars): A specific type of saria that undergoes a special treatment process, resulting in increased strength and ductility compared to regular saria.

Today’s Prices for Grade 40 and Grade 60 Steel

Steel Rod Size in Sutar/mmGrade 40 Rate/KGGrade 40 Rate/Metric TonGrade 60 Rate/KGGrade 60 Rate/Metric Ton
3 Sutar / 10mmRS. 251/KGRS. 251,000/Metric TonRS. 253/KGRS. 253,000/Metric Ton
4 Sutar / 12mmRS. 249/KGRS. 249,000/Metric TonRS. 251/KGRS. 251,000/Metric Ton
5 Sutar / 16mmRS. 249/KGRS. 249,000/Metric TonRS. 251/KGRS. 251,000/Metric Ton
6 Sutar / 20mmRS. 249/KGRS. 249,000/Metric TonRS. 251/KGRS. 251,000/Metric Ton
7 Sutar / 22mmRS. 249/KGRS. 249,000/Metric TonRS. 252/KGRS. 252,000/Metric Ton
8 Sutar / 25mmRS. 249/KGRS. 249,000/Metric TonRS. 252/KGRS. 252,000/Metric Ton
Due to market changes, prices may vary. We reserve the right to adjust prices.

Current Prices of Branded Steel in Pakistan

Brand NameGrade 40 Rate/KGGrade 40 Rate/Metric TonGrade 60 Rate/KGGrade 60 Rate/Metric Ton
Amreli SteelsRS. 259/KGRS. 259,000/Metric TonRS. 261/KGRS. 261,000/Metric Ton
Mughal SteelRS. 257/KGRS. 257,000/Metric TonRS. 259/KGRS. 259,000/Metric Ton
Agha SteelRS. 255/KGRS. 255,000/Metric TonRS. 257/KGRS. 257,000/Metric Ton
AF SteelRS. 253/KGRS. 253,000/Metric TonRS. 255/KGRS. 255,000/Metric Ton
Moiz SteelRS. 255/KGRS. 255,000/Metric TonRS. 257/KGRS. 257,000/Metric Ton
Union SteelRS. 255/KGRS. 255,000/Metric TonRS. 257/KGRS. 257,000/Metric Ton
Naveena SteelRS. 254/KGRS. 254,000/Metric TonRS. 256/KGRS. 256,000/Metric Ton
Due to market changes, prices may vary. We reserve the right to adjust prices.

Citywise Steel Rate in Pakistan

CityRate/KGRate/Metric Ton
KarachiRS. 236/KGRS. 236,000/Metric Ton
LahoreRS. 232/KGRS. 232,000/Metric Ton
IslamabadRS. 234/KGRS. 234,000/Metric Ton
FaisalabadRS. 231/KGRS. 231,000/Metric Ton
PeshawarRS. 229/KGRS. 229,000/Metric Ton
GujranwalaRS. 230/KGRS. 230,000/Metric Ton
QuettaRS. 236/KGRS. 236,000/Metric Ton
MultanRS. 229/KGRS. 229,000/Metric Ton
Due to market changes, prices may vary. We reserve the right to adjust prices.

Factors Affecting Steel Prices

Several factors influence steel prices in Pakistan:

  • Global steel market trends: International steel prices significantly impact domestic prices.
  • Raw material availability: The cost of iron ore and other raw materials used in steel production affects the final price.
  • Government policies: Taxes, import duties, and other government regulations can influence steel prices.
  • Exchange rates: Fluctuations in the Pakistani Rupee (PKR) against other currencies, particularly the US Dollar (USD), can impact import costs and steel prices.

Branded vs. Non-Branded Steel

Branded steel comes from established manufacturers with reputations for quality and consistency. Non-branded steel may be cheaper but could be of varying quality. Consider these factors when choosing:

  • Project requirements: For critical structural applications, branded steel with guaranteed quality is recommended.
  • Budget: Non-branded steel might be suitable for non-structural uses if budget is a major concern.

Conclusion

Understanding steel prices and the factors affecting them is crucial for making informed decisions in construction projects. Regularly consult reliable sources for the latest price updates. Remember, choosing the right steel type and grade depends on your specific project needs and budget.

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