Steel Rates

A Significant Dip in Steel Prices Owing to the Strengthened PKR against USD Steel Rate Price Fall Current steel rate

A Significant Dip in Steel Prices Owing to the Strengthened PKR against USD

The recent months have seen a substantial change in the economic scenario of Pakistan, with the local currency, PKR, strengthening against the US dollar (USD). This has led to a consequential dip in steel prices, offering relief to the construction industry. However, this relief is somewhat offset by the steady rise in cement prices. The Impact on Steel Rates Since September 2023, the steel industry...

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