steel price in pakistan today

Steel rate in Pakistan

Pakistan’s steel industry is vital to infrastructure and development projects. Maintaining the fluctuating steel rates is crucial for businesses and consumers.

Below is a detailed analysis of the SARIA/Loha rates in Pakistan, focusing on the current trends, factors affecting prices, and major industry players.

Today’s Steel/Iron Rate in Pakistan: 2025

What impact does the exchange rate have on the cost of steel? The weaker Pakistani rupee raises local prices, raising the cost of imported steel.

Five Star Steel Iron RodSize in Sutar/mm Five Star steel 40 Grade Rate in KG Five Star Steel 40 Grade Rate in Metric Ton Five Star steel 60 Grade Rate in KG Five Star Steel 60 Grade Rate in Metric Ton  
3 sutar / 10mm RS. 256 Per KG RS. 256,000 Per Metric Ton RS. 258 Per KG RS. 258,000 Per Metric Ton  
4 sutar / 12mm RS. 254 Per KG RS. 254,000 Per Metric Ton RS. 256 Per KG RS. 256,000 Per Metric Ton  
5 sutar / 16mm RS. 254 Per KG RS. 254,000 Per Metric Ton RS. 256 Per KG RS. 256,000 Per Metric Ton  
6 sutar / 20mm RS. 254 Per KG RS. 254,000 Per Metric Ton RS. 256 Per KG RS. 256,000 Per Metric Ton  
7 sutar / 22mm RS. 256 P8er KG RS. 256,000 Per Metric Ton RS. 258 Per KG RS. 258,000 Per Metric Ton  
8 sutar / 25mm RS. 256 Per KG RS. 256,000 Per Metric Ton RS. 258 Per KG RS. 258,000 Per Metric Ton  

Pakistan’s steel rates have fluctuated due to various economic factors.

Both domestic production and trends in the global market impact prices. As the market is highly dynamic, it’s essential to check the daily rates to make informed purchasing decisions.

Grade 60 and Grade 40 Steel Rate Today

Grade 60 and Grade 40 are the two most commonly used types of steel in Pakistan. Grade 60, known for its higher tensile strength, is generally priced higher than Grade 40.

Today’s rates for these grades vary depending on the supplier and location within Pakistan.

For instance, the price per ton for Grade 60 steel may range from PKR 180,000 to PKR 185,000, while Grade 40 might be slightly cheaper, ranging from PKR 175,000 to PKR 180,000.

Local Steel Prices in Pakistan

The local steel price in Pakistan is often more competitive due to the absence of import duties and lower transportation costs.

Local manufacturers offer competitive rates, making it a popular choice for construction companies and individual buyers.

The price can vary between regions, with urban areas typically seeing higher prices due to demand.

City Wise Local Steel 40 Grade Rate in KG 40 Grade Rate in Metric Ton 60 Grade Rate in KG 60 Grade Rate in Metric Ton  
Karachi RS. 246 Per KG RS. 246,000 Per Metric Ton RS. 248 Per KG RS. 248,000 Per Metric Ton  
Lahore RS. 242 Per KG RS. 242,000 Per Metric Ton RS. 243 Per KG RS. 243,000 Per Metric Ton  
Peshawar RS. 237 Per KG RS. 237,000 Per Metric Ton RS. 238 Per KG RS. 239,000 Per Metric Ton  
Islamabad RS. 244 Per KG RS. 244,000 Per Metric Ton RS. 245 Per KG RS. 246,000 Per Metric Ton  
Faisalabad RS. 239 Per KG RS. 239,000 Per Metric Ton RS. 241,000 Per Metric Ton RS. 263,000 Per Metric Ton  
Gujranwala RS. 238 Per KG RS. 238,000 Per Metric Ton RS. 239 Per KG RS. 240,000 Per Metric Ton  
Quetta RS. 246 Per KG RS. 246,000 Per Metric Ton RS. 248 Per KG RS. 248,000 Per Metric Ton  
Multan RS. 244 Per KG RS. 244,000 Per Metric Ton RS. 246 Per KG RS. 246,000 Per Metric Ton  

Branded Steel Price Today 2025

Branded steel products like those from Amreli Steels, Agha Steel Industries, and Mughal Steel tend to be priced higher than non-branded or local steel.

The added cost reflects the brand’s reputation for quality, consistency, and compliance with international standards.

For January 2025 branded steel rates are slightly elevated due to increased demand in the construction sector.

Brand Name 40 Grade Rate in KG 40 Grade Rate in Metric Ton 60 Grade Rate in KG 60 Grade Rate in Metric Ton  
Amreli Steels RS. 270 Per KG RS. 270,000 Per Metric Ton RS. 272 Per KG RS. 272,000 Per Metric Ton  
Mughal Steel RS. 268 Per KG RS. 268,000 Per Metric Ton RS. 270 Per KG RS. 270,000 Per Metric Ton  
Agha Steel RS. 266 Per KG RS. 266,000 Per Metric Ton RS. 268 Per KG RS. 268,000 Per Metric Ton  
AF Steel RS. 264 Per KG RS. 264,000 Per Metric Ton RS. 266 Per KG RS. 266,000 Per Metric Ton  
Moiz Steel RS. 264 Per KG RS. 266,000 Per Metric Ton RS. 268 Per KG RS. 268,000 Per Metric Ton  
Union Steel RS. 269 Per KG RS. 269,000 Per Metric Ton RS. 271 Per KG RS. 271,000 Per Metric Ton  
Naveena Steel RS. 265 Per KG RS. 263,000 Per Metric Ton RS. 266 Per KG RS. 268,000 Per Metric Ton  

IRON RATE IN PAKISTAN today, 2025

Type of Iron Product Price Range (PKR)
Iron Rate (per kg) 220 – 250 per kg
Iron Rate (per ton) 210,000 – 240,000 per ton
Iron Scrap Rate (per kg) 140 – 160 per kg
Iron Bar Rate (per kg) 230 – 250 per kg
Iron Rod Rate (per kg) 230 – 250 per kg
T Iron Rate (per kg) 230 – 250 per kg
Iron Sheet Rate (per kg) 190 – 250 per kg
18mm Thick Iron Sheet (per kg) 240 – 250 per kg
Iron Saria Rate (per kg) 230 – 250 per kg
Iron Pipe Rate (per kg) 200 – 230 per kg

Factors Influencing Steel Rates in Pakistan

Several factors contribute to the fluctuating steel rates in Pakistan:

Supply and Demand

The balance of supply and demand is the most significant factor affecting steel prices. When demand exceeds supply, prices tend to rise, and vice versa.

Current demand in Pakistan is high due to ongoing infrastructure projects, contributing to the increased steel rates.

Transportation Costs

Transportation costs significantly impact steel prices, especially in a country with a diverse geography like Pakistan.

Higher fuel prices and longer distances from production facilities to the market can lead to increased costs, which are then passed on to consumers.

Material Costs

The cost of raw materials, such as iron ore and coal, directly influences steel prices. Fluctuations in global commodity markets often cause corresponding changes in local steel rates.

Shipping and labor costs

Shipping costs, especially for imported steel, can greatly affect prices. Additionally, labor costs in the manufacturing and logistics sectors can lead to variations in steel rates.

Currency Fluctuations

The value of the Pakistani rupee against major currencies like the US dollar also affects steel prices. A weaker rupee makes imports more expensive, which in turn raises the cost of steel.

Exchange Rates

Exchange rates play a crucial role, especially for steel that is imported. The rate at which the rupee trades against other currencies can cause steel prices to vary significantly.

Major Steel Companies in Pakistan: A Closer Look

Pakistan is home to several major steel producers who dominate the market. Companies like Amreli Steels, Agha Steel Industries, and Mughal Steel are key players, known for their high-quality products and significant market share. These companies not only cater to the domestic market but also export to other countries, influencing both local and international steel prices.

Pakistan has some of the best and most popular steel companies. Here are some:

    • Aisha Steels Mills Limited, located in Karachi

    • Ittehad Steel’s headquarters are located in Islamabad.

    • International Industries Limited, a Lahore-based steel company

    • Mughal Steel’s headquarters are located in Lahore.

    • Fazal Steel Limited, based in Islamabad

    • Model Steel Group, located in Lahore

    • Bilal Steel Mills, based in Lahore

How Do You Check the Quality of Steel or Saria?

Checking the quality of steel is crucial for ensuring the longevity and safety of any construction project. The quality can be determined by checking the steel’s grade, tensile strength, and the manufacturer’s certifications.

Additionally, visual inspections for any visible defects, such as cracks or rust, can help assess the quality. Branded steel usually comes with certifications that guarantee its quality, making it a preferred choice for critical projects.

    • Check the grade of the steel.

    • Check the visuality of the steel.

    • Check the certification details

    • Check the original slips.

    • Buy the steel from a well-known company with trustworthy buyers.

Preventive Measures for Steel in Pakistan

Steel can degrade quickly if not stored or handled properly. In Pakistan’s varying climate, it’s important to store steel in a dry, covered area to prevent rusting.

During transportation, ensure that the steel is secured properly to avoid any physical damage. Regular inspections and maintenance can also prolong the steel’s lifespan, especially in coastal areas where the air is more corrosive.

The pros and cons of steel in Pakistan

Pros of steel

Durability:

Steel is one of the most durable construction materials available.

Versatility:

It can be used in various applications, from building infrastructure to manufacturing goods.

Strength:

Steel provides high tensile strength, making it ideal for structures that require longevity and stability.

Cons of Steel

Cost:

Steel can be expensive, especially branded products or those imported.

Corrosion:

Without proper treatment or coating, steel can corrode, particularly in humid or coastal regions.

Weight:

Steel is heavy, which can increase transportation and handling costs.

What determines the steel rate in Pakistan?

The price of raw materials, production costs, demand and supply dynamics, transportation costs, and external economic factors like currency exchange rates all play a role in determining steel rates in Pakistan.

Government policies and taxes also play a significant role in pricing.

Conclusion

Understanding the steel market in Pakistan requires a grasp of both local and global factors. As of October 2024, steel prices continue to fluctuate due to a variety of influences.

Whether you’re a contractor or an individual planning a construction project, staying informed about these trends is essential for making cost-effective decisions.

FAQs

How often do steel prices change in Pakistan?

Steel prices can change daily due to market fluctuations, so it’s important to stay updated.

What is the difference between Grade 60 and Grade 40 steel?

Grade 60 steel has a higher tensile strength compared to Grade 40, making it more suitable for heavy-duty applications.

How can I ensure I’m buying high-quality steel?

Purchase from reputable brands or suppliers, and check for certifications and the steel’s grade.

Why are branded steel prices higher?

Branded steel often undergoes more rigorous quality control and complies with international standards, which can increase the cost.

WHAT PEOPLE SIDE

 “Pakistan’s steel production accounts for only 0.18% of the world’s total output, ranking 39th out of 50 countries. The industry has 11 entities listed on the PSX with major contributions to local steel production capacity. The rise in steel production is attributed to factors like rising consumer demand, rapid industrialization, population growth, and infrastructure projects like CPEC [1].” (Uzma)(R.)

(Uncovering the Key Features of Iron Metabolism in Pakistan From 2005 to 2020: A Dynamic Material Flow Analysis)

Hiden content

Tensile strength, fabric, reinforcement bars, elements of reinforced concrete, plasticity, strain, deformation, textile, depreciates, strength, steel industry, scrap, textile yarn, yield strength, concrete, exchange rate, metal, subsidies, scrap metal, exports How much is steel worth in Pakistan right now? What is the cost of forty kg of sharia in Pakistan?

What is one kilogram of steel worth?

What is the cost of G-60 steel in Pakistan?

Works Cited

R., Ghulam. “Exchange rate instability and sectoral exports: Evidence from Pakistan. A Research Journal of Commerce Economics and Social Sciences 8 No. 1, 2014, paradigms.ucp.edu.pk/wp-content/uploads/2017/09/paradigms080101.pdf.

Uncovering the Key Features of Iron Metabolism in Pakistan From 2005 to 2020: A Dynamic Material Flow Analysis. Uncovering the key features of iron metabolism in Pakistan from, 2024, www.sciencedirect.com/science/article/pii/S0954349X24001085.

Uzma, Zia. “Pakistan Economic Review. Growth 5 No. 1, 2022, eco.qau.edu.pk/per/wp-content/uploads/2023/03/PER5-5.pdf.

**Iron Rate in Pakistan: A Comprehensive Overview**


The iron market in Pakistan is a dynamic and integral part of the country’s construction and manufacturing industries. Prices for iron fluctuate frequently due to several factors including demand, supply, international market trends, and raw material costs. This article provides an in-depth overview of the iron rates in Pakistan using broad match keywords to cover various related aspects of the industry.


### Current Iron Rate in Pakistan

The **iron rate in Pakistan today** varies depending on the type of iron and its source. For construction purposes, the **iron bar rate** and **iron saria rate** are critical, while **iron scrap rate** is more relevant for recycling and manufacturing industries. On average, the **iron rate per kg in Pakistan today** can range between PKR 220 to PKR 250, with prices fluctuating daily.


For larger industrial needs, bulk purchases are measured in tons. The **iron rate in Pakistan per ton** is often updated frequently, reflecting changes in international markets. Today’s price for **iron per ton in Pakistan** typically ranges between PKR 210,000 to PKR 240,000 depending on quality and type.


### Iron Scrap Rate in Pakistan

Scrap iron is crucial in the recycling industry, and Pakistan has a significant market for it. The **iron scrap rate in Pakistan** is a key metric for manufacturers who rely on recycled materials to produce new iron products. Today, the **scrap iron rate in Pakistan per kg** is approximately PKR 140 to PKR 160, but this fluctuates based on the demand for recycled material and international metal prices.


### Construction Iron Rate in Pakistan

The construction industry is a major consumer of iron, and products like **iron saria**, **iron bars**, and **iron rods** are essential for building infrastructure. As of today, the **iron rod rate in Pakistan** is around PKR 230 per kg, but this can vary depending on the region and specific type of iron used. The **t iron rate in Pakistan** also falls in a similar range and is commonly used in structural works.


### Historical Iron Rates in Pakistan

Historical prices provide insights into market trends. For instance, the **iron rate in Pakistan 2019** showed an average of PKR 120 per kg, significantly lower than today’s prices. Similarly, records from **2016**, **2017**, and **2018** demonstrate the increasing trend in iron prices, driven by inflation, supply chain disruptions, and rising demand in the construction sector.


### Iron Sheet and Steel Iron Rate in Pakistan

Apart from construction iron, **iron sheet rate in Pakistan** is another essential aspect of the market, especially for roofing and industrial applications. Today’s **iron steel rate in Pakistan** reflects the global steel market, with prices for iron sheets per kg ranging between PKR 190 to PKR 250 depending on thickness and quality. For instance, an **18 mm thick iron sheet rate in Pakistan** might be on the higher end of the spectrum due to its specific use and strength.


### Trends in the Iron Market

In recent years, the **iron rate in Pakistan 2020** surged due to disruptions in global supply chains and increased domestic demand. Factors such as rising construction projects, industrial expansion, and fluctuating international prices of raw materials contributed to this increase. Similarly, current trends in 2023 suggest further price volatility due to economic challenges and changes in the global metal market.


### Conclusion

The **iron rate in Pakistan** is highly variable and dependent on several factors such as global market trends, demand in the construction industry, and the availability of raw materials. Whether you’re purchasing **iron per kg**, **iron scrap**, or **construction iron**, staying updated with the latest prices is essential for making informed decisions. Regular updates are necessary for industries relying on iron for manufacturing and construction to manage costs efficiently.


To stay updated with the **today iron rate in Pakistan**, it’s recommended to check local market reports or online metal price tracking tools for real-time information.