KARACHI: Increase in the demand for steel due to the rising construction activities in the country has pushed the steel bar prices above Rs150,000 per tonne.
According to the details, the prices of steel in November 2020 were recorded between Rs110,000-Rs113,000 and have been gradually rising owing to the increasing construction activities.
An increase in the volume of imports of steel and iron scrap has also been observed in the eleventh month of Fiscal Year 2021.
As per the Pakistan Bureau of Statistics (PBS), the import volume of iron and steel scrap imports in 11MFY21 have been recorded at Rs4.429m tonnes at $1.7bn against the 3.6m tonnes at Rs1.4bn in the same period of last year.
For news and blogs, visit Graana.com
Karachi: Pakistan’s foreign exchange reserves posted a slight increase during the week ending August 15,…
Lahore: The Punjab government has given the green light to the long-awaited PKR 50 billion…
The Punjab government has introduced another major initiative aimed at improving public convenience in Lahore.…
Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
