The annual cost of construction equipment has significantly decreased as a result of the US dollar’s devaluation.
According to market sources, there has been a total decrease of 13,000 rupees in the minimum price of local currency.
At present, the lowest cost per ton of local serry is 2 lakh 29 thousand rupees, and the highest cost is 2 lakh 36 thousand rupees per ton.
The cost of a tonne of steel in Karachi is 2 lakh 36 thousand rupees.
The rates are 2 lakh 32 thousand rupees per ton in Lahore and 2 lakh 29 thousand rupees per ton in Multan.
In Islamabad, the cost per ton is 2 lakh 34 thousand rupees, whereas in Faisalabad, it is 2 lakh 31 thousand rupees.
In a similar vein, branded Steel is now less expensive.
Currently, the market price ranges from 2 lakh 61 thousand rupees per ton at the minimum to 2 lakh 55 thousand rupees per ton at the maximum.
In the past, a ton of sulfur may cost up to 3 lakh five thousand rupees.
The building industry is relieved by this price reduction, which may stimulate business ventures and development initiatives.
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