KARACHI: The purchasing cost of the locally-produced cold-rolled coil (CRC) of various flat steel grades increased by Rs3,500/ton, marking an increase for the second time within a month by the producers.
With a 12.3 per cent hike, currently, the cost of 1.2mm steel bars stands at Rs178,500/ton.
The surge in prices has been credited to the 11 per cent (in rupees) increase in the price of hot-rolled coil (HRC) – the raw material used in the production, globally.
The surge in the purchasing cost is expected to affect construction activities.
For news and blogs, visit Graana.com.
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…
Amma Tower, located in the bustling area of Saddar in Karachi, is a unique blend…