Steel rates in Pakistan are Rs. 290 per kg for grade 40 and Rs. 295 per kg for grade 60. These figures reflect the latest market prices, which can fluctuate due to various factors.
Knowing the current steel rates is essential for effective budgeting and financial planning. It helps businesses and contractors manage costs and make informed decisions for construction and manufacturing projects.
Grade 40 & Grade 60 Steel Rate Today
Today, the rates for grade 40 steel range from a minimum of Rs. 255 per kg to a maximum of Rs. 262 per kg. For grade 60 steel, the rates vary from Rs. 260 per kg to Rs. 263 per kg. These prices depend on the size of the steel rods and can impact overall project costs significantly.
| Steel Iron Rod Size in Sutar/mm | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
| 3 sutar / 10mm | Rs. 260 | Rs. 260,000 | Rs. 262 | Rs. 262,000 |
| 4 sutar / 12mm | Rs. 262 | Rs. 262,000 | Rs. 264 | Rs. 264,000 |
| 5 sutar / 16mm | Rs. 255 | Rs. 260,000 | Rs. 260 | Rs. 262,000 |
| 6 sutar / 20mm | Rs. 260 | Rs. 260,000 | Rs. 262 | Rs. 262,000 |
| 7 sutar / 22mm | Rs. 262 | Rs. 262,000 | Rs. 263 | Rs. 263,000 |
| 8 sutar / 25mm | Rs. 260 | Rs. 260,000 | Rs. 263 | Rs. 263,000 |
Also Read: Scrap Iron Rate Today in Pakistan 2024
Local Steel/Saria Price in Pakistan
Steel prices vary across different cities in Pakistan, ranging from Rs. 237 per kg to Rs. 246 per kg. These variations reflect local market conditions and can significantly influence construction costs depending on the location.
| City | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
| Multan | Rs. 244 | Rs. 244,000 | Rs. 246 | Rs. 246,000 |
| Islamabad | Rs. 244 | Rs. 244,000 | Rs. 245 | Rs. 246,000 |
| Lahore | Rs. 242 | Rs. 242,000 | Rs. 243 | Rs. 243,000 |
| Faisalabad | Rs. 239 | Rs. 239,000 | Rs. 241 | Rs. 263,000 |
| Gujranwala | Rs. 238 | Rs. 238,000 | Rs. 239 | Rs. 240,000 |
| Peshawar | Rs. 237 | Rs. 237,000 | Rs. 238 | Rs. 239,000 |
| Karachi | Rs. 246 | Rs. 246,000 | Rs. 248 | Rs. 248,000 |
| Quetta | Rs. 246 | Rs. 246,000 | Rs. 248 | Rs. 248,000 |
Branded Steel in Pakistan Today
Branded steel prices in Pakistan range from Rs. 254 per kg to Rs. 260 per kg. These prices vary depending on the brand and grade of steel, which can affect overall costs in construction and manufacturing.
| Brand Name | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
| Naveena Steel | Rs. 254 | Rs. 254,000 | Rs. 256 | Rs. 256,000 |
| Moiz Steel | Rs. 255 | Rs. 255,000 | Rs. 257 | Rs. 257,000 |
| Union Steel | Rs. 255 | Rs. 255,000 | Rs. 257 | Rs. 257,000 |
| Five Star Steel | Rs. 258 | Rs. 258,000 | Rs. 260 | Rs. 260,000 |
| Amreli Steels | Rs. 259 | Rs. 259,000 | Rs. 261 | Rs. 261,000 |
| Mughal Steel | Rs. 259 | Rs. 259,000 | Rs. 261 | Rs. 261,000 |
| AF Steel | Rs. 259 | Rs. 259,000 | Rs. 261 | Rs. 261,000 |
| Agha Steel | Rs. 260 | Rs. 260,000 | Rs. 262 | Rs. 262,000 |
Factors Influencing Steel Rates in Pakistan
Steel rates in Pakistan are influenced by a variety of factors that can cause fluctuations in prices. Understanding these factors is essential for managing costs and making informed decisions in construction and manufacturing.
- Global Market Trends: International steel prices and trade policies impact local rates.
- Raw Material Costs: Prices of iron ore and other raw materials affect steel production costs.
- Supply and Demand: Local demand for steel and production levels influence pricing.
- Economic Conditions: Inflation, currency exchange rates, and overall economic health play a role.
- Government Policies: Import duties, taxes, and regulations can alter steel prices.
- Transportation Costs: Changes in fuel prices and logistics impact the cost of steel distribution.
- Production Capacity: The ability of steel mills to produce and supply steel affects market rates.
Top Steel Companies in Pakistan
- Agha Steel Industries – Located in Karachi
- Pakistan Steel Mills (PSM) – Located in Karachi
- Amreli Steels – Located in Lahore
- Mughal Steel – Located in Islamabad
- EFU Steel – Located in Faisalabad
- Al-Baraka Steel – Located in Gujranwala
- Kashif Steel – Located in Multan
Related Post: Current Cement Price in Pakistan Today
Final Thoughts
Steel prices in Pakistan vary widely depending on the grade, location, and brand. By knowing the latest rates and understanding the factors that influence them, businesses and contractors can make smarter decisions and manage their budgets better.
Staying updated on these price changes and the top steel companies helps in planning and executing projects more effectively. This knowledge is key to managing costs and achieving success in the steel market.
Frequently Asked Questions (FAQs)
Today, steel prices in Pakistan range from Rs. 237 per kg to Rs. 246 per kg, depending on the city and type of steel.
The price of steel (Saria) grade 40 in Pakistan varies between Rs. 255 per kg and Rs. 262 per kg.
The price of 1 kg of steel in Pakistan ranges from Rs. 237 to Rs. 246, depending on the grade and location.
The price of grade 60 steel in Pakistan ranges from Rs. 260 per kg to Rs. 263 per kg.
Some of the top steel brands in Pakistan include Agha Steel Industries, Pakistan Steel Mills (PSM), Amreli Steels, Mughal Steel, EFU Steel, Al-Baraka Steel, and Kashif Steel.