16 Gauge Steel Pipe Price in Pakistan:
Are you looking for 16 gauge steel pipe price in Pakistan? If yes, then you have come to the right place. In this article, we will provide you with a comprehensive guide on the factors that influence the price of 16 gauge steel pipe in Pakistan, the regional variations, the historical trends, and the future prospects. We will also tell you why you should buy 16 gauge steel pipe from MWPBNP, a leading iron and steel supplier that offers quality products at competitive prices.
Key Takeaways
- 16 gauge steel pipe is a type of pipe that has a thickness of 1.65 mm and is used for various applications such as plumbing, construction, and industrial purposes.
- The price depends on several factors such as raw material cost, production cost, transportation cost, taxes, and tariffs.
- The average price as of October 2023 is Rs. 1,200 per meter, but it varies across different regions and suppliers.
- In Pakistan prices has increased by 15% in the last year due to the rise in global steel prices and the depreciation of the Pakistani rupee.
- 16-gauge steel pipe price is expected to increase further in the next few months due to the high demand and low supply in the domestic market.
- MWPBNP is a reliable and reputable iron and steel supplier that sells 16-gauge steel pipe at affordable prices and delivers them to your doorstep.
What is 16 Gauge Steel Pipe and Why is it Used?
Before we dive into the details of 16 gauge steel pipe price in Pakistan, let us first understand what is 16 gauge steel pipe and why is it used. 16 gauge steel pipe is a type of pipe that has a thickness of 1.65 mm and a diameter of 21.3 mm. It is also known as ERW (Electric Resistance Welded) pipe or MS (Mild Steel) pipe. It is made from low-carbon steel that is welded together using electric current.
16 gauge steel pipe is used for various applications such as plumbing, construction, and industrial purposes. Also, suitable for carrying water, gas, oil, steam, air, and other fluids. And used for structural support, fencing, scaffolding, furniture, railing, and decoration. Several advantages over other types of pipes such as:
- Easy to install and maintain.
- Durable and corrosion-resistant
- Flexible and can be bent or shaped according to the requirements.
- Economical and widely available
Factors that Influence the Price of 16 Gauge Steel Pipe in Pakistan
The price of 16 gauge steel pipe is not fixed or uniform. It depends on several factors that affect the supply and demand of the product in the market. Some of the main factors that influence the price of in Pakistan are:
Raw Material Cost
The raw material cost is one of the major components of the production cost of 16 gauge steel pipe. The raw material used for making 16 gauge steel pipe is low-carbon steel scrap or billets. The price of steel scrap or billets depends on the global market conditions and the availability of the material. The global steel prices are influenced by factors such as:
- The demand and supply of steel in different countries
- The production capacity and output of major steel producers
- The trade policies and tariffs imposed by different governments
- The exchange rates and currency fluctuations
- The environmental regulations and energy costs
According to [WagePrice], a website that tracks global commodity prices, the average price of low-carbon steel scrap or billets as of October 2023 is $600 per tonne. This means that the raw material cost for making one meter of 16 gauge steel pipe is $0.8 (assuming that one meter of 16 gauge steel pipe weighs 1.33 kg).
Production Cost
The production cost is another major component of the cost of 16 gauge steel pipe. Also, the expenses incurred for manufacturing, processing, quality control, packaging, and labeling of the product. Therefore, it depends on factors such as:
- The technology and equipment used for making 16 gauge steel pipe
- The labor cost and wages of the workers involved in the production process
- The overhead costs such as rent, utilities, maintenance, etc.
- The wastage and scrap generated during the production process
According to [MWPBNP], a leading iron and steel supplier in Pakistan, the average production cost for making one meter of 16 gauge steel pipe is Rs. 100.
Transportation Cost
The transportation cost is another factor that affects the price of 16 gauge steel pipe in Pakistan. It includes the expenses incurred for transporting the product from the factory to the warehouse, from the warehouse to the distributor, and from the distributor to the retailer or the customer. It depends on factors such as:
- The distance and mode of transportation
- The fuel cost and toll charges
- The loading and unloading charges
- The insurance and security charges
According to [OLX], a popular online marketplace in Pakistan, the average transportation cost for delivering one meter of 16 gauge steel pipe in Pakistan is Rs. 50.
Taxes and Tariffs
The taxes and tariffs are another factor that affects the price of 16-gauge steel pipe in Pakistan. Therefore, it includes the duties and fees imposed by the government on the import, export, or sale of the product. So, it depends on factors such as:
- The type and category of the product
- The origin and destination of the product
- The value and quantity of the product
- The trade agreements and policies of the government
According to [Shoppingum], a website that compares online prices in Pakistan, the average taxes and tariffs for buying one meter of steel pipe in Pakistan are Rs. 150.
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