domestic steel prices increases fifth time in one month in pakistan 2023 al sadat marketing

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Domestic Steel Prices Increase Fifth Time in One Month

ISLAMABAD, January 11, 2023- Domestic steel producers have increased steel prices for the fifth time in one month. 

According to the news, domestic steel companies have boosted their pricing five times in the past thirty days. The new prices have been disclosed by steel makers. According to the report, the fluctuations in steel prices are attributable to the unpredictability of the worldwide market and the rupee-dollar parity. Due to dwindling supplies and growing expenses, steel businesses have been forced to raise their prices. The most recent PKR 5,000 per metric ton hike occurred on December 28. Following this most recent increase, the price per ton of various grades of steel ranges between PKR 225,000 and PKR 225,000.

Importantly, domestic demand and import restrictions have led to a steady increase in steel prices. Recent rains in the country have also disrupted steel production, which has slowed the construction industry.

Read More: Tapi Gas Pipeline Project to Reduce Energy Crises in Pakistan

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Al Sadat Marketing is a real estate firm in Islamabad & Rawalpindi in Pakistan. With over 7+ Years of experience, Al Sadat Marketing Company provides its services to all trending societies in Islamabad and Rawalpindi.

Al Sadat Marketing

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www.alsadatmarketing.com

Head Office: First Floor, Yasin Plaza, Blue Area Main Jinnah Avenue, Islamabad

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Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

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