The price of steel fluctuates often because of several reasons, the main one being the dollar rate. This affects the steel rate in Pakistan because the dollar rate itself has been volatile and hence the price of steel is not permanent and rises and falls on a daily basis.
The quality of the steel also affects steel prices, high and low-quality steel are both available in the market to cater to different customers. However higher quality steel has a higher price and there are several factors that influence the quality of steel.
Sariya is the term commonly used for steel iron bars in Pakistan, and a 10-12 mm sariya iron bar is an essential component in the construction industry. Steel rate per kg changes almost on a daily basis and is sold per kg or rate per metric ton. The price of steel in Pakistan has been increasing every day because of the devaluation of the Pakistani Rupee against the US Dollar.
Steel iron comes in several different grades, especially 40 and 60 grades and the most commonly used grade is 60 for constructing houses. The steel rate per kg will depend on several factors such as brand, grade type, and market demand.
60-grade steel price
Rs.224 per kg
Rs.233 per kg
Rs.238 per kg
Rs.231 per kg
Rs.231 per kg
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