Islamabad August 28 2023: Pakistan steel rebar manufacturers increase prices by PKR 8,000 per ton to pass on the impact of rupee depreciation and fuel cost.
“The new Booking Rates of Agha Steel Rebars with effect from 28th Aug 2023 are PKR 287,500/MT for size (9.5/10mm & 12mm) & PKR 285,500/MT for size (16mm & above)” says Agha Steel in his message to customers.
Moiz steel increase the prices of 9.5/10mm to PKR 285,000/MT and that of 12mm to PKR 282,000/MT.
Mughal Steel increase its product pricing by PKR 8,000 citing shortage of raw materials and current economic conditions of Pakistan as reason behind price increase.