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Steel rates update in Pakistan – February 2025

12 February, 2025 13:04

Steel and iron rates are primarily driven by demand and supply dynamics in the market. When demand increases, prices tend to rise, whereas a decline in demand leads to lower rates.

Another major factor influencing steel production costs is the cost of raw materials. The availability and price of iron ore, coal, and scrap metal directly impact the overall cost of steel production. Higher raw material costs result in increased steel prices, while lower costs help stabilize or reduce rates.

Overall, steel and iron prices remain volatile, depending on multiple economic and industrial factors. Buyers and businesses closely monitor these fluctuations to make informed purchasing decisions.

Steel prices in Pakistan

Company Name40 Grade Price Per Metric Ton60 Grade Price Per Metric Ton
Agha Steel2,43,0002,48,000
Amreli Steel2,43,0002,46,000
Chenab Steel2,42,0002,45,000
Ittehad Steel2,43,0002,47,000
Mughal Steel2,42,0002,45,000
Union Steel2,41,0002,44,000

Read More: Cement rates update in Pakistan – February 2025

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