Steel Rate Today
Introduction
Steel rate in Pakistan has a profound effect on construction industries. Steel is also called saria in the local language in Pakistan and is used in reinforced concrete. Knowing the steel rate today is essential for budget estimation and billing in the construction industry.
Steel prices in Pakistan are available for different sizes and grades. Grade 60 and Grade 40 are famous in Pakistan in construction industries. Tables below show steel rates for different sizes, grades, cities and brands. These rates include gst.
40 & 60 grade steel rate today in Pakistan
Size(Suter/mm)
40 Grade steel
Kg Rate (PKR)
Ton Rate (PKR)
60 Grade steel
Kg Rate (PKR)
Ton Rate (PKR)
3 sutar / 10mm
260
260000
262
262000
4 sutar / 12mm
258
258000
260
260000
5 sutar / 16mm
258
258000
260
260000
6 sutar / 20mm
258
258000
260
260000
7 sutar / 22mm
258
258000
261
261000
8 sutar / 25mm
258
258000
261
261000
Branded steel rate today in Pakistan
Brand Name
40 Grade steel
Kg Rate (PKR)
Ton Rate (PKR)
60 Grade steel
Kg Rate (PKR)
Ton Rate (PKR)
Amreli Steels
268
268000
270
270000
Mughal Steel
266
266000
268
268000
Agha Steel
265
265000
267
267000
AF Steel
263
263000
265
265000
Moiz Steel
264
264000
266
266000
Steel Manufacturing companies and mills in Pakistan
Factor affected steel rate in Pakistan
Steel rates are controlled by several metrics. Some of these metrics are supply and demand, global inflation rates, peak seasons in construction , transportation costs, currency fluctuations and local government policies.
Raw material for Steel bars manufacturing
The raw material of steel is pure iron, carbon, silicon and manganese as alloying elements. These elements are extracted from naturally available ores. These ores are naturally available in different regions of the world.
Many steel mills used only steel billets for manufacturing of steel rods. These mills used only re-rolling processing to manufacture steel rods of different sizes.
Conclusions
Steel rate has a direct connection with construction cost of any building or infrastructure. Steel prices fluctuate due to multiple factors. Knowing steel rate is essential for budget estimation for any construction work involving steel reinforced concrete. The total annual capacity of steel production in Pakistan is around 3.6million tons.