{"id":83309,"date":"2022-01-24T16:40:49","date_gmt":"2022-01-24T11:40:49","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83309"},"modified":"2022-01-24T16:40:54","modified_gmt":"2022-01-24T11:40:54","slug":"steel-bar-prices-reduced-pkr-5000","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/steel-bar-prices-reduced-pkr-5000.html","title":{"rendered":"Steel bar prices reduced by PKR 5,000 per tonne"},"content":{"rendered":"\n<p>Karachi: Pakistan Association of Large Steel Producers (PALSP) General Secretary Syed Wajid I Bukhari announced that the steel bar prices have been reduced by PKR 5,000 per tonne, according to news story published on Saturday (January 22).\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/steel-price-rise-input-cost-increases.html\" target=\"_blank\" rel=\"noreferrer noopener\">Steel price goes up further as input cost increases<\/a><\/p>\n\n\n\n<p>The general secretary disclosed that the new price of steel bar was PKR 188,000-189,000 per tonne in the northern region while in the southern region, it ranges between PKR 193,000-194,000 per tonne. He went on to say that the prices have been decreased due to the market adjustment process.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/pbs-price-trends-steel-products.html\" target=\"_blank\" rel=\"noreferrer noopener\">PBS shares price trends of steel product, PALSP blames soaring demand for sharp rise<\/a><\/p>\n\n\n\n<p>Reportedly, the prices of steel bars go down every year around January and February because of the reduced construction activities due to weather conditions. General Secretary Wajid stated that the industry came out of a crisis and performed well despite the upsurge of iron and <a href=\"https:\/\/www.zameen.com\/news\/steel-mills-pkr-2000-per-tonne.html\" target=\"_blank\" rel=\"noreferrer noopener\">steel scrap prices <\/a>by USD 445-560 per tonne.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Pakistan Association of Large Steel Producers (PALSP) General Secretary Syed Wajid I Bukhari announced that the steel bar prices have been reduced by PKR 5,000 per tonne, according to news story published on Saturday (January 22).\u00a0 Read: Steel price goes up further as input cost increases The general secretary disclosed that the new price of steel bar was PKR 188,000-189,000 per tonne in the northern region while in the southern region, it ranges between PKR 193,000-194,000 per tonne. He went on to say that the prices have been decreased due to the market adjustment process.\u00a0 Read: PBS shares price trends of steel product, PALSP blames soaring demand for sharp rise Reportedly, the prices of steel bars go down every year around January and February because of the reduced construction activities due to weather conditions. General Secretary Wajid stated that the industry came out of a crisis and performed well despite the upsurge of iron and steel scrap prices by USD 445-560 per tonne.\u00a0<\/p>\n","protected":false},"author":83,"featured_media":71142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[50724,50723,50722],"persona":[],"class_list":{"0":"post-83309","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-decreased-construction-activities","9":"tag-prices-of-steel-bars-reduced","10":"tag-steel-bar-prices-reduced-by-pkr-5000-per-tonne","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Steel bar prices reduced by PKR 5,000 per tonne - Zameen News<\/title>\n<meta name=\"description\" content=\"Pakistan Association of Large Steel Producers (PALSP) General Secretary Syed Wajid I Bukhari announced that the steel bar prices have been reduced....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/steel-bar-prices-reduced-pkr-5000.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steel bar prices reduced by PKR 5,000 per tonne - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Pakistan Association of Large Steel Producers (PALSP) General Secretary Syed Wajid I Bukhari announced that the steel bar prices have been reduced....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/steel-bar-prices-reduced-pkr-5000.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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