Table of Contents

Steel Mill RS 2,000 Per Tonne Increase in Price of Steel

Karachi: According to our sources, Pakistan Association of Large Steel Producers Secretary-General Syed Wajid I. Bukhari has announced an increase of Rs. 2,000 per tonne for steel goods. On Wednesday, December 8, 2021, he announced that the price rise would become effective on December 7.

Read: How to Buy a Home Amid High Inflation

The cause for rising steel prices is the strengthening currency. As a result, steel scrap prices will climb, but so will import and clearing fees. These fees will have a significant influence on the housing and construction industries.

All steel producers have implemented the modifications, and they have also acknowledged the rise in electricity and gas costs.

  • Amreli Steels Ltd. will charge $197,500 per tonne for 9.5/10mm and 12mm material.
  • The price of 9.5/10mm and 12mm per tonne at Naveena Steel Mills is $196,500.
  • Faizan Steel will price $196,500 per tonne for 9.5/10mm and 12mm material.
  • FBR boosts the price of steel to improve GST collection

Over the past two years, the price of steel has increased steadily. In November 2020, the cost of a ton of steel was approximately Rs. 110-113.

Stay tuned with Al Sadat Marketing for details and more updates!

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

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.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *