Steel price per ton reaches Rs2.88 million, witnessing an increase of Rs8,000.
Karachi: Steel has hit an all-time high in terms of pricing. According to J.S. Research, following an increase of Rs8,000, the price of steel has climbed to Rs2.88 million per ton.
Economic experts suggest that the continuous surge in steel prices raises concerns about the future of infrastructure projects and fundamental development in Pakistan.
The construction sector, which is integral to the country's economic advancement, is grappling with the crisis stemming from escalating raw material costs and fluctuations in the value of the Pakistani rupee.
It remains evident that the trend of increasing dollar value against the Pakistani rupee in interbank exchange is persisting.
It's worth noting that within a mere two weeks, the dollar has risen by Rs15 in interbank markets, while it is Rs20 more expensive in the open market.
What an Abdul El-Sayed win means for Muslim voters
- 6 گھنٹے قبل
How video games can make young men feel less alone
- 15 گھنٹے قبل
Our favorite memories at the movies
- 17 گھنٹے قبل
Security forces kill 10 khwarij in KP: ISPR
- 6 گھنٹے قبل
Saudi Arabia, Turkey, Pakistan pledge mutual defence as Middle East turmoil escalates
- 5 گھنٹے قبل
Gold prices continue to surge in Pakistan
- 7 گھنٹے قبل
Can a different kind of Democrat win the Midwest?
- 15 گھنٹے قبل
Abdul El-Sayed’s win tees up the first true swing state test for the Bernie left
- 15 گھنٹے قبل
Thai teen kills 8 in rampage at home and school before shooting himself
- 5 گھنٹے قبل
Bangladeshi cricket star Shakib, a Hasina ally, says he is ready to return home and face trial if given security
- 3 گھنٹے قبل
PSDF, FrieslandCampina join hands to develop climate-smart dairy skills in Punjab
- 5 گھنٹے قبل
Two of Ring’s latest video doorbells are a lot cheaper than usual
- 17 گھنٹے قبل
