The price of iron scrap in Pakistan varies depending on the type and quality of the material. The rates are as follows:
| Scrap Product | Price per KG (PKR) |
|---|
These prices are influenced by factors such as global steel demand, local supply and demand, the grade of iron scrap, and export trends. It’s important to note that prices can vary between different cities. For example, in Karachi, iron scrap rates range from PKR 125 to PKR 134 per kg, while in Lahore, they are slightly higher, ranging from PKR 130 to PKR 145 per kg.
FAQs
The rates for iron scrap in Pakistan typically range between PKR 125 to PKR 145 per kilogram, depending on the quality and type of scrap. Prices may vary regionally and based on market demand.
Common types include:Old Loha (general iron scrap).
Heavy melting scrap (HMS).
Cast iron scrap.
Re-rolling scrap.
HMS (Heavy Melting Scrap) refers to high-quality ferrous scrap used in steel production. It is typically divided into HMS 1 (clean, heavy steel scrap) and HMS 2 (lighter steel scrap with impurities).
Prices can fluctuate daily based on market conditions, global economic factors, and supply-demand imbalances.
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