The price of steel has increased once again and according to the dealers, the steel price will reach Rs266,000 per tonne after its value increased by Rs6000 in the local market, reported 24NewsHD TV channel on Wednesday.

Amreli Steel Limited and Agha Steel Industries have also increased the price of steel.

According to Amreli Steel Limited, the price of 12 to 9.5 mm steel increased to Rs267,500 while price of above 16 mm steel increased to Rs265,500.

According to Agha Steel Industries Limited, the price of 10 to 12 mm steel has increased to Rs266,000.

Reporter: Kawish Memon