Steel Rate in Pakistan – 3 May 2026
Steel is one of the most important construction materials in Pakistan, widely used in residential, commercial, and infrastructure projects. As of 3 May 2026, steel (saria) prices have shown slight fluctuations due to market demand, energy costs, and raw material availability.
In this blog, we will cover the latest steel rates in Pakistan, price trends, and factors affecting the market.
Current Steel Rate in Pakistan (3 May 2026)
According to the latest market updates, steel prices in Pakistan are currently in the following range:
- Local Steel (Non-Branded): PKR 230 – 245 per kg
- Branded Steel: PKR 250 – 265 per kg
- Average Market Rate: PKR 255 – 265 per kg
Per ton rate:
- Steel Price per Ton: PKR 255,000 – 265,000
Recent reports also show that in early May 2026, some markets recorded prices around PKR 260–265 per kg, depending on grade and supplier.
Grade-wise Steel Price
Steel prices vary based on grade, which determines strength and durability:
| Steel Grade | Price per KG (PKR) | Price per Ton (PKR) |
|---|---|---|
| Grade 40 | 240 – 255 | 240,000 – 255,000 |
| Grade 60 | 255 – 265 | 255,000 – 265,000 |
Grade 60 steel is commonly used in modern construction due to its higher strength and durability.
Popular Steel Brands in Pakistan
Top steel brands and their approximate rates:
- Amreli Steel: PKR 255 – 260/kg
- Mughal Steel: PKR 255 – 260/kg
- Agha Steel: PKR 258 – 262/kg
- FF Steel: PKR 260 – 265/kg
Branded steel is slightly expensive but preferred for quality assurance and safety.
Steel Bar Sizes & Rates (Saria)
Steel bars are available in different sizes used for construction:
| Size (mm) | Approx Price (PKR/kg) |
|---|---|
| 10mm | 255 – 262 |
| 12mm | 252 – 260 |
| 16mm | 250 – 258 |
| 20mm | 250 – 260 |
| 25mm | 250 – 260 |
Prices may vary depending on city and supplier.
City-wise Steel Rate (Pakistan)
Steel prices slightly vary across cities due to transportation and demand:
- Karachi: ~PKR 232/kg
- Lahore: ~PKR 228/kg
- Islamabad: ~PKR 230/kg
- Faisalabad: ~PKR 226/kg
Steel Price Trend in 2026
- January–March 2026: PKR 228 – 232/kg
- April 2026: PKR 240 – 260/kg
- May 2026: PKR 255 – 265/kg
The price increase is mainly due to:
- Rising electricity and fuel costs
- Increased construction activity
- Higher raw material (iron scrap) prices
Factors Affecting Steel Prices in Pakistan
1. International Market
Global steel and scrap prices directly impact local rates.
2. Dollar Rate
Currency fluctuation increases import costs.
3. Fuel & Electricity Costs
Production and transportation costs affect final pricing.
4. Demand in Construction Sector
Higher demand increases prices, especially during peak construction seasons.
Should You Buy Steel Now?
If you are planning construction:
Buy in bulk to get better rates
Prefer branded steel for safety
Monitor weekly price trends
Since prices are currently stable around PKR 260/kg, it is a moderate buying window, but future increases are possible.
Conclusion
As of 3 May 2026, the steel rate in Pakistan ranges between PKR 255 to 265 per kg, depending on brand, grade, and location. Steel prices have increased compared to earlier months of 2026, reflecting rising production costs and growing construction demand.
For builders and investors, staying updated with daily steel rates is essential to manage construction budgets effectively.