Today’s Steel Rate in Pakistan May 2025 – UPDATED

Steel prices have shown a slight downward trend nationwide. As of today, the steel rate in Pakistan ranges between 236-248 PKR per kg, varying among different steel manufacturers. A detailed breakdown of these prices is provided below in the table.

Steel, locally known as Saria, is generally divided into two categories based on quality: grade 40 and grade 60. The rates for both of them are:

Here is a brief analysis of the steel rate in Pakistan for major cities,

A high-level meeting led by Mr. Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, addressed key challenges facing Pakistan’s steel industry, including tax evasion and regulatory loopholes. According to Profit, a well-known news site, the government assured support for the sector’s revival and emphasized its importance to economic growth.

Industry representatives proposed reforms such as proper scrap classification, tax collection through electricity bills, and stricter recognition criteria for re-rolling mills. Mr. Khan affirmed the government’s commitment to implementing these measures in the upcoming budget to ensure sustainable growth and increased tax compliance.

The prices of various elements like steel, silver, gold and copper often show consistent changes based on daily currency changes and market demand. Steel is an essential component for many construction projects. The chart below describes the average monthly steel rate in Pakistan.

Remember that a slight variation in the prices of steel may occur in distant and far areas of Pakistan. But you can make a good decision to buy steel by getting an idea of the best time to purchase it. The chart shows the price trends of steel during 2024-25 and till the month.

Here are some factors that directly affect the steel rate in Pakistan:

A slight variation in the steel rate in Pakistan is a common practice in different regions. Here are some possibilities that can be causes of them;

Remember that these reasons can affect steel prices, but this will be very normal and slight. You can surely benefit from this article by getting an idea about steel prices and making the best decisions for the right time to start construction work.

Iron used to be an alternative to steel in construction projects. Let’s have a look at both offering unique advantages that suit various needs and applications.

Strength and Durability

• Steel is exceptionally strong and durable, making it suitable for high-rise buildings, bridges, and infrastructure projects where structural integrity is crucial. It has a high tensile strength, allowing for the construction of lighter structures that can withstand heavy loads and strong environmental conditions.
• Iron, however, is also strong; its strength is generally less than that of steel. It was historically used in construction, but its applications have been largely replaced by steel due to steel’s superior strength and durability.

Corrosion Resistance

• Steel is sensitive to corrosion when exposed to moisture and oxygen, leading to rust formation over time. However, modern construction practices use corrosion-resistant coatings and alloys to reduce this issue.
• Iron: Iron is highly suitable for rusting and corrosion, especially when exposed to moisture and oxygen. This limits its outdoor applications unless sufficiently protected or alloyed with other metals.

Flexibility and Formability

• Steel is highly flexible and can be easily fabricated into various shapes and sizes, making it ideal for custom designs and complex architectural structures. It can be bent, rolled, and molded without losing its strength, allowing for versatile construction applications.
• Iron is less flexible and formable compared to steel. It’s more tending and sensitive to cracking under stress, limiting its utility in modern construction where flexibility and formability are critical.

Cost and Availability

• Steel is widely available and can be produced in large quantities, making it relatively cost-effective compared to other materials like concrete. The steel rate in Pakistan can fluctuate based on market conditions and global demand, but it is a little more expensive than iron.
• Pure iron is less expensive than steel, but its application in construction is limited due to its inferior strength and durability. Iron ore is abundant, but the process of refining it into usable forms like molded wrought iron or cast iron involves additional costs.

Application in Construction

• Steel is used extensively in modern construction for skyscrapers, bridges, industrial buildings, and residential structures. Its versatility, strength, and durability make it a preferred choice for structural frameworks and load-bearing components.
• Iron applications in construction are now limited to niche uses like structural frameworks, bars, railway tracks, or specific industrial applications where its unique properties are advantageous.

In short, while both iron and steel have historically played essential roles in construction, steel has largely replaced iron in modern applications due to its superior strength, durability, flexibility, and cost-effectiveness. Steel’s ability to meet strict engineering requirements and environmental standards makes it the material of choice for most large-scale construction projects today.

Steel plays a crucial role in the construction industry of Pakistan. The current steel price in Pakistan ranges between 240-253 Rs per kg, depending on the grade and the company. Steel is divided into two primary grades, 40 and 60, with minor price differences between them. The fluctuating steel prices are influenced by various factors like global trends, raw material costs, the US dollar rate, supply and demand, and government policies.

Additionally, regional price variations occur due to transportation costs, dealer margins, and local regulations. In comparison to steel, iron was historically used in construction but has been largely replaced by steel due to its superior strength, durability, and flexibility. Steel is highly resistant to corrosion, can be easily formed into various shapes, and is widely available, making it cost-effective despite being slightly more expensive than iron.