KARACHI: After hike in petroleum prices, costs of steel bars and cement bags have witnessed an unprecedented surge in market, it emerged. Price of local steel bars has gone up by Rs 45,000 and branded steel bars by Rs 50,000 per tonne.

New price of local steel bars has gone up from Rs 215,000 to Rs 250,000 while branded steel bars price has soared from Rs 230,000 to Rs 280,000. Similarly, cement bag prices of different companies have gone up by Rs 45-50 per sack, making it dream never to be materialised for poor to construct their own house.

Published in The Daily National Courier, February, 01 2023

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