Sheikhoo Steel is a leading steel manufacturer and supplier, specializing in a wide range of steel products, including rods, bars, sheets, and structural steel. With a strong reputation for producing durable and superior-quality steel, Sheikhoo Steel has become a trusted brand in the industry. The company’s commitment to innovation, sustainability, and customer satisfaction has propelled its success and contributed to its strong market position.
Sheikhoo Steel Price Today
Sheikhoo Steel prices are influenced by various factors, including the global steel market, supply and demand dynamics, raw material costs, and government policies. As an investor or buyer, staying informed about these factors and monitoring the price fluctuations can help you make well-informed decisions.
- Billet: PKR 115,000 per ton
- Rebar: PKR 120,000 per ton
The prices of Saria in the international market have fallen to USD 130 per tonne. Under the influence of the international market, the prices of iron have decreased in the local steel and iron market. Due to the decrease in the prices of iron in the international market, the prices of iron and iron in the local market have also decreased by 15 thousand rupees per ton.
Sheikhoo Steel Price Today September 2023
Sheikhoo Steel is a prominent steel manufacturer known for its exceptional product quality and reliability. With state-of-the-art facilities and a commitment to customer satisfaction, Sheikhoo Steel has established itself as a trusted supplier in the construction and manufacturing sectors. Their diverse range of steel products caters to various industry requirements, ensuring that customers have access to high-grade materials for their projects. The price of steel, the main raw material of the construction industry, reached an all-time high. An increase of Rs 8000, the price of steel per tonne has reached Rs 288000.
The prices of cold rolled coil (CRC) and hot dipped galvanized coil (HDGC) have fallen by Rs 25,000 per tonne. Waqas Ghani, Deputy Head of Research at JS Global, told ProPakistani. “One of the main factors behind the current decline in prices is the decline in international HRC (Hot Rolled Coil) prices. Since reaching their peak in March 2023, prices have fallen to USD 130 per tonne. June and July Disappointing demand during the usual construction season during 2018 also contributed to the drop in steel prices. Steel prices are expected to fall further during the hot summer months in Pakistan.