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Steel bar prices rise to Rs197,500 per tonne - Newspaper

Steel producers deplore ABAD statement - Newspaper

KARACHI: The Pakistan Association of Large Steel Producers (PALSP) on Thursday rejected what it called irresponsible remarks made by the Association of Builders and Developers (ABAD) that said that steel sector was trying to damage the Naya Pakistan Housing Programme by raising prices of bars. “ABAD has been specifically targeting the steel industry by ignoring the harsh reality that the surge in prices is not confined to steel bars only. There has been a phenomenal increase in the cost of construction materials including cement, bricks, sand, crush etc,” PALSP Secretary General Syed Wajid I Bukhari. Published in Dawn, July 9th, 2021

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