{"id":90932,"date":"2022-12-23T17:24:14","date_gmt":"2022-12-23T12:24:14","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=90932"},"modified":"2022-12-23T17:24:16","modified_gmt":"2022-12-23T12:24:16","slug":"steel-prices-take-third-hike","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/steel-prices-take-third-hike.html","title":{"rendered":"Domestic steel prices take third hike in a week"},"content":{"rendered":"\n<p>Lahore: The domestic prices of steel products on Friday (December 23) increased for the third time in a week by PKR 3,000 per ton, according to news sources. As per the details, the retail price of steel rebars now stand in the range of PKR 217,500 \u2013 222,000 per ton.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/steel-industry-switching-daylight-saving-time.html\" target=\"_blank\" rel=\"noreferrer noopener\">Steel industry suggests switching to Daylight Saving Time for better performance<\/a><\/p>\n\n\n\n<p>The news report highlighted that domestic steel producers forming the country\u2019s southern manufacturing hub hiked these rates, which might disrupt the country\u2019s construction sector and the allied industries.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/psqca-operation-substandard-steel-manufacturer.html\" target=\"_blank\" rel=\"noreferrer noopener\">PSQCA launches operation against substandard steel manufacturers<\/a><\/p>\n\n\n\n<p>Previously, the <a href=\"https:\/\/www.zameen.com\/news\/steel-prices-hiked-second-time-week.html\">steel manufacturers<\/a> raise the prices by PKR 2,000 per ton. Last week, Aisha Steel Mills Limited (ASL) increased the rate of Hot Dipped Galvanized Coil (HDGC) and Cold Rolled Coil (CRC) by PKR 2,000 per ton, where the new price of CRC and HDGC now stand at Rs. 211,550 per ton and Rs. 218,900 per ton respectively.<br>The supply-chain interruptions and fluctuating prices of steel products are concerning for the construction industry and steel manufacturers alike, said the news report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The domestic prices of steel products on Friday (December 23) increased for the third time in a week by PKR 3,000 per ton, according to news sources. As per the details, the retail price of steel rebars now stand in the range of PKR 217,500 \u2013 222,000 per ton. Read: Steel industry suggests switching to Daylight Saving Time for better performance The news report highlighted that domestic steel producers forming the country\u2019s southern manufacturing hub hiked these rates, which might disrupt the country\u2019s construction sector and the allied industries. Read: PSQCA launches operation against substandard steel manufacturers Previously, the steel manufacturers raise the prices by PKR 2,000 per ton. Last week, Aisha Steel Mills Limited (ASL) increased the rate of Hot Dipped Galvanized Coil (HDGC) and Cold Rolled Coil (CRC) by PKR 2,000 per ton, where the new price of CRC and HDGC now stand at Rs. 211,550 per ton and Rs. 218,900 per ton respectively.The supply-chain interruptions and fluctuating prices of steel products are concerning for the construction industry and steel manufacturers alike, said the news report.<\/p>\n","protected":false},"author":75,"featured_media":63768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[55594],"persona":[],"class_list":{"0":"post-90932","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-domestic-steel-prices-take-third-hike-in-a-week","10":"cat-15016-id","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>Domestic steel prices take third hike in a week - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The domestic prices of steel products on Friday (December 23) increased for the third time in a week by PKR\" \/>\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-prices-take-third-hike.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Domestic steel prices take third hike in a week - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The domestic prices of steel products on Friday (December 23) increased for the third time in a week by PKR\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/steel-prices-take-third-hike.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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