Steel Prices Decreased by Rs. 25,000 Per Ton in Pakistan

10, July , 2023

Newstoday: Due to the sudden drop in the prices of raw materials in the international markets, steel prices have decreased by Rs 25,000 per ton. The biggest steel producers, ISL and ASl, recently announced a huge dip in the prices of CRC and HDGC. The main reason behind the downfall in the prices is the decrease in the prices in HRC.

Their prices have fallen by US$130 per ton. Lately, the steel production industry has been struggling with the prices for years due to the hikes in the steel prices after the budget pretend by the Government. Although after a little stimulation showed little growth.