KARACHI: Steel bar prices have touched new peak of Rs109,000-110,000 per tonne from Rs96,000-97,000 tonnes following rupee devaluation against the dollar. Meanwhile, market players anticipate more price shocks from July 1 owing to increase in taxes and duties imposed on the steel sector in budget 2019-20. Builders estimate a 35 per cent jump in the cost of construction in the …
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June 23, 2019