Scrap Iron Rate Today in Pakistan 2024

The scrap rate of iron in Pakistan today ranges between Rs. 180 to Rs. 190 per kg, a crucial figure for anyone involved in metal trading or manufacturing. These prices fluctuate based on market conditions and supply-demand dynamics, making it important to stay informed.

Understanding these prices is essential as they influence budgeting and cost management for construction and industrial projects. By tracking current iron prices, businesses can make more strategic decisions and manage expenses effectively. This article will explore the factors affecting these rates and their impact on the market.

loha scrap rate today pakistan

Scrap Rate Today in Pakistan

The scrap rate today in Pakistan shows a wide range of prices depending on the material. For instance, old loha is priced between Rs. 180 to Rs. 190 per kg, while steel scrap ranges from Rs. 240 to Rs. 260 per kg. For further details on other scrap materials, Check the table below.

Scrap Product NamePrice Per KG
Plastic Pepsi Bottle PriceRs. 445 to Rs. 450
Radi Kaghaz Scrap RateRs. 58 to Rs. 65
Aluminium Scrap PriceRs. 1075 to Rs. 1100
Silver Scrap PriceRs. 520 to Rs. 530
Frig/Ac Compressor Scrap RateRs. 395 to Rs. 415
Copper Scrap RateRs. 2385 to Rs. 2400
Battery Scrap RateRs. 420 to Rs. 445
Brass Scrap RateRs. 1475 to Rs. 1485
Steel Scrap RateRs. 240 to Rs. 260
Plastic Scrap RateRs. 70 to Rs. 85
Old Loha Scrap RateRs. 180 to Rs. 190
Nigar Scrap RatesRs. 180 to Rs. 185

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Metal Scrap Price in Pakistan Today

Metal scrap prices in Pakistan today vary based on the type of metal, reflecting current market conditions. For instance, copper is priced between Rs. 2370 and Rs. 2380 per kg, while brass ranges from Rs. 1570 to Rs. 1580 per kg. Below is a detailed table of prices for various metal scrap items.

NamePrice per KG
Pepsi DabbaRs. 440-450
Hard SilverRs. 500-510
BatteryRs. 350-360
Max SteelRs. 210-220
SilverRs. 525-530
CompressorRs. 380-385
CopperRs. 2370-2380
BrassRs. 1570-1580

Factors Affecting the Price of Scrap and Loha

Several key factors influence the price of scrap and loha (iron). These include global market trends, local supply and demand, and economic conditions, which together determine metal prices’ fluctuations.

  • Global Market Trends: International supply and demand impact local prices.
  • Local Supply and Demand: Regional market conditions affect pricing.
  • Economic Conditions: Inflation and currency changes influence costs.
  • Recycling Rates: The efficiency of recycling impacts scrap prices.
  • Seasonal Variations: Industry demand shifts seasonally affect prices.

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Final Thoughts

Knowing the Scrap Iron Rate in Pakistan today is crucial for anyone involved in buying or selling metals. With scrap rates ranging from Rs. 180 to Rs. 190 per kg, staying updated helps you make smart decisions.

Understanding factors like global trends, local supply, and economic conditions can help you handle price changes better. By keeping track of these elements, you can manage costs and make informed choices in the metal market.

Frequently Asked Questions (FAQs)

What is the Scrap Iron Rate in Punjab today?

The Scrap Iron Rate in Punjab is Rs. 180 to Rs. 190 per kg.

What is the price of 1 KG of Iron in Pakistan?

The price of 1 KG of Iron in Pakistan is 250.7 per kg.

What is the price per kg battery scrap in Pakistan?

The price for battery scrap in Pakistan is between Rs. 420 to Rs. 445 per kg.

How to get the best iron prices?

To get the best iron prices, compare rates from multiple local suppliers, stay informed about market trends, buy in bulk for discounts, negotiate prices, and monitor seasonal trends for the best timing.

What are the latest scrap prices?

The latest scrap prices vary by material. For example, iron scrap is Rs. 180 to Rs. 190 per kg, while battery scrap is Rs. 420 to Rs. 445 per kg.

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