Steel price decreases significantly

Karachi: Following the decrease in the value of US dollar against Pakistani rupee, the price of construction materials has also declined.

According to the details, due to the fall in the value of dollar, the price of iron in the market has significantly decreased from Rs305,000 to settle at Rs245,000.

At present, the price of local oil per ton in the market is Rs245,000 while the price of branded oil per ton has increased from Rs263,000 to settle at Rs265,000 per ton.