Mughal steel price per ton today in Pakistan | update on June 2024

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The price of Mughal steel price per ton today in Pakistan June 16, 2024 fluctuates on a daily basis, depending on international markets and local demand. However, today, the average price of steel in Pakistan is Rs. 250,000 per ton. This price is likely to change in the coming days and weeks, so be sure to check back frequently for the latest updated

What is the current price of steel in Pakistan?

According to the latest data from the Pakistan Steel Melters Association (PSMA), the current price of steel in Pakistan is Rs. 250,000 per metric ton. This price is subject to change, depending on market conditions.

Mughal steel price per ton today in Pakistan | steel rates today | updated June 16, 2024

SizeGrade 40Grade 60
3/8, # 3, 10 mmRs 252,000/- tonRs 254,000/ton
1/2, # 4, 12 mmRs 250,000/tonRs 253,000/ton
5/8, # 5, 16 mmRs 250,000/tonRs 252,000/ton
3/4, # 6, 20 mmRs 250,000/tonRs 252,000/ton
7/8, # 7, 22 mmRs 250,000/-Rs 252,000/ton
1″, # 8, 25 mmRs 251,000/tonRs 253,000/53

Where can I find reliable information about steel prices in Pakistan?

If you are looking for reliable information about steel prices in Pakistan, you can find it on the website of pricedunya.com. The Pakistan Steel Mills is a government-owned corporation that is responsible for the production of steel in Pakistan. On the website, you can find information about the current and historical prices of steel in Pakistan.

 How can I determine the price of steel in Pakistan?

Currently, the Pakistan Steel Melters Association (PSMA) sets the price of steel in Pakistan. The PSMA is a nonprofit organization that regulates the steel industry in Pakistan. They work to ensure that all members of the steel industry are able to operate fairly and efficiently. The PSMA sets the price of steel based on a number of factors, including the cost of raw materials, production costs, and international market conditions.

What are some factors that can affect the price of steel in Pakistan?

There are a number of factors that can affect the price of steel in Pakistan. These include global economic conditions, local demand and supply conditions, and government policies.

Global economic conditions play a big role in determining the price of steel in Pakistan. When the global economy is doing well, demand for steel usually goes up, driving prices higher. Similarly, when the global economy is struggling, demand for steel usually falls, leading to lower prices.

Local demand and supply conditions can also affect the price of steel in Pakistan. If there is a strong local demand for steel but a limited supply, prices will usually rise. On the other hand, if there is weak local demand but abundant supply, prices will usually fall.

Government policies can also have an impact on the price of steel in Pakistan. For example, if the government imposes tariffs on imported steel,

FAQS

Mughal Steel price per ton today in Pakistan 2024

Saria rate today

The price of Mughal Steel in Pakistan is Rs. 280,000 per ton to Rs. 283,000 per ton.

What is the price of steel in Pakistan in Aprle 2023?

Domestic steel producer Agha Steel Industries Limited (PSX: AGHA) increased the prices of its steel rebars by Rs. 8,000 per metric ton effective June 16, 2024. Retail prices now stand in the range of Rs. 280,000-284,500 per ton.

Who is the owner of Mughal steel?

The owner of Mughal Steel, a prominent steel manufacturing company in Pakistan, is Mian Muhammad Mansha.

He is a renowned business tycoon and the founder of the MCB Group, which is one of the largest financial institutions in Pakistan.

Mian Muhammad Mansha is also the Chairman of the Nishat Group, which is a diversified business conglomerate in Pakistan with interests in textile, power generation, cement, and other industries.

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