Hike in steel price by 20%, resulting in elevated construction cost
- 19-Jul-2018
KARACHI: The rupee downgrading against US dollar impacts on the amplification of prices of all grades of steel, also increasing the cost of construction at extreme level. It is observed that the cost of superior quality rebar is around Rs107,000 to Rs110,000 per ton, which was Rs97,000 per ton in the month of April 2018. According […]
Rupee devaluation effects Steel prices- Crossed Rs 100,000 per ton
- 21-Jun-2018
KARACHI: Rupee shows continuous downward skim against the dollar, resulting in augmented steel prices at a record towering of Rs100,000 per ton, for the first time in the history of this industry. Nowadays, steel is widely consumed due to profound construction activities due to China-Pakistan Economic Corridor (CPEC). It is observed that high-grade steel made on […]