Steel and Iron prices in Pakistan saw slight fall on a month-on-month basis in May 2024, continuing the slide as the country’s economy is on the path to recovery despite challenges.
Price per ton moved down by Rs5,000, and it is said to be a slight relief for inflation-hit people who are facing unprecedented prices.
Pakistanis, who are planning to start construction soon, will be able to rake in benefit of cheap iron, and steel. Further drop in steel prices will contribute more to economic revival.
Steel Latest Price in Pakistan
| Size in Sutar | 40 Grade Rate per Metric Ton |
| 3 sutar per 10mm | Rs260,000 |
| 4 sutar per 12mm | Rs 258,000 |
| 5 sutar per 16mm | Rs 258,000 |
| 6 sutar per 20mm | Rs 258,000 |
| 7 sutar per 22mm | Rs 258,000 |
| 8 sutar per 25mm | Rs 258,000 |
Branded Steel Rates in Pakistan
| Brand Name | 40 Grade Rate in Metric Ton |
| Amreli Steels | RS. 263,000 |
| Mughal Steel | RS. 261,000 |
| Agha Steel | RS. 259,000 |
| AF Steel | RS. 257,000 |
| Moiz Steel | RS. 259,000 |
| Union Steel | RS. 259,000 |
| Naveena Steel | RS. 258,000 |
