Steel Rate in Pakistan Today 3rd February 2025
Steel plays an important role in the construction and manufacturing projects. So, to get the best steel rate in Pakistan, you have to stay updated on the ongoing market trends. Due to increased inflation steel price in Pakistan is increasing gradually. You can find the latest iron rate in Pakistan in the tables given below:
Today Steel Rate in Pakistan
There are various steel companies and mills in Pakistan. All of them are offering competitive steel prices to scale their businesses. Steel rate today depends on various types like Grade 40 and Grade 60. Some of the top steel companies and their prices are given below:
| Manufacturer | Grade 40 Price (PKR/Kg) | Grade 60 Price (PKR/Kg) | Grade 40 Price (PKR/Ton) | Grade 60 Price (PKR/Ton) |
|---|---|---|---|---|
| Five Star Steel | 244 PKR | 246 PKR | 244,000 PKR | 246,000 PKR |
| Amreli Steels | 252 PKR | 254 PKR | 252,000 PKR | 254,000 PKR |
| Mughal Steel | 251 PKR | 253 PKR | 251,000 PKR | 253,000 PKR |
| Agha Steel | 252 PKR | 254 PKR | 252,000 PKR | 254,000 PKR |
| AF Steel | 251 PKR | 253 PKR | 251,000 PKR | 253,000 PKR |
| Moiz Steel | 247 PKR | 249 PKR | 247,000 PKR | 249,000 PKR |
| Union Steel | 247 PKR | 247 PKR | 247,000 PKR | 247,000 PKR |
| Naveena Steel | 246 PKR | 248 PKR | 246,000 PKR | 248,000 PKR |
| Aisha Steel | 251 PKR | 253 PKR | 251,000 PKR | 253,000 PKR |
| Chenab Steel | 253 PKR | 255 PKR | 253,000 PKR | 255,000 PKR |
| Ittehad Steel | 250 PKR | 252 PKR | 250,000 PKR | 252,000 PKR |
Saria Rate Today in Grade 40 and Grade 60
Steel is also known as Saria in most regions of Pakistan. If you want to buy Saria for larger projects in bulk, it will be in tons otherwise in kgs. Saria rate in tons and some of the latest Saria rates in Pakistan today based on size and grade are given below:
| Saria Size | Grade 40 Price (PKR/Kg) | Grade 60 Price (PKR/Kg) | Grade 40 Price (PKR/Ton) | Grade 60 Price (PKR/Ton) |
|---|---|---|---|---|
| 10mm (3 Sutar) | 244 PKR | 246 PKR | 244,000 PKR | 246,000 PKR |
| 12mm (4 Sutar) | 242 PKR | 244 PKR | 242,000 PKR | 244,000 PKR |
| 16mm (5 Sutar) | 242 PKR | 244 PKR | 242,000 PKR | 244,000 PKR |
Steel Price in Pakistan For Regions
The steel rate in Pakistan varies in different regions due to various factors like changes in laws, transportation costs, and steel demand. You can find the latest regional Saria rate today from the table given below:
| City | Grade 40 Price (PKR/Kg) | Grade 60 Price (PKR/Kg) |
|---|---|---|
| Karachi | 232 PKR | 234 PKR |
| Lahore | 228 PKR | 230 PKR |
| Islamabad | 230 PKR | 232 PKR |
| Faisalabad | 226 PKR | 228 PKR |
| Peshawar | 237 PKR | 238 PKR |
| Gujranwala | 238 PKR | 239 PKR |
| Quetta | 246 PKR | 248 PKR |
| Multan | 244 PKR | 246 PKR |
Islamabad Steel Price Today
The steel prices in Islamabad today are relatively stable because of low fuel costs as companies are at a distance. However, due to the increased demand for large-scale projects like CPEC Islamabad steel prices today increase. The latest Islamabad steel prices are given below:
| Product | Grade 40 Price (PKR/Kg) | Grade 60 Price (PKR/Kg) |
|---|---|---|
| Steel Bars | 230 PKR | 232 PKR |
| Saria | 230 PKR | 232 PKR |
Steel pipe price in Pakistan is affected due to various factors including raw material costs, energy costs, global market trends, and transportation costs.
Factors Affecting Steel Price in Pakistan
Some of the factors that affect the iron rate in Pakistan are the following:
- Global Market Trends: The steel rate in Pakistan today is dependent on the international market. Iron ore, coal, and scrap metal are needed for the production of steel. So when their prices increase internationally, it directly affects local steel price in Pakistan.
- Currency Exchange Rates: The iron rate in Pakistan depends on the US Dollar. When the rate of the dollar increases in the international market, the iron rate in Pakistan markets also increases.
- Supply and Demand Dynamics: When the construction projects in Pakistan increase, the demand for steel increases therefore, steel prices also increase. On the other hand, when there are some shortcomings in the production of steel, it also affects the steel prices.
- Government Policies: The change in laws and increased tax rates also change the rates of steel. Sometimes, for international competition, the government applies taxes locally which results in increased steel and cement rates in Pakistan.
Tips For Best Steel Prices
- Compare Prices: Before finalizing the deal, always visit multiple suppliers so that you can get familiar with the ongoing market rates. And then go with the best steel rates suitable for you.
- Verify Quality: Already established companies and industries provide better quality steel, so always prioritize the certified companies for bulk purchases.
- Negotiate Bulk Deals: When you finally decide on the company, negotiate with them and try to buy in bulk because they offer discounts when you buy in bulk.
Conclusion
The price guide keeps you updated on the latest ongoing steel rates in Pakistan which helps you in budget planning and cost management. Some of the clients buy steel for large-scale projects while some buy it for small projects. In both cases, if you are aware of the factors affecting the steel rate today, you can save a lot of money and time.
