MS Plate Price in Pakistan:

MS Plate Price in Pakistan:: MS plate, also known as mild steel plate, is a type of flat steel sheet. That is widely used in various industries and projects, such as construction, engineering, manufacturing, shipbuilding, etc. MS plate has high strength, durability, weldability, and corrosion resistance. Making it suitable for various applications and environments.

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The price of ms plate in Pakistan is determined by various factors. Such as supply and demand, production cost, import duty, exchange rate, inflation, etc. The price of ms plate in Pakistan also fluctuates over time. Also, depending on the market conditions and the availability of raw materials. The price of ms plate in Pakistan affects the profitability and competitiveness of the iron and steel sector in Pakistan. Which is one of the key sectors of the economy.

MWPBNP is a leading iron and steel supplier in Pakistan. That offers quality ms plate products and services at competitive prices. We are a stockiest, importer, exporter and supplier of quality iron and steel materials and products since 2001. Offers a wide range of products and services. Such as ms deform bars, ms chowkat, ms pipe, iron, sheet corrugation, cutting, bending, etc. We also provides international quality standards, multiple payment methods, and timely delivery to its customers.

Key Takeaways

Topic	Summary
What is ms plate?	MS plate is a type of flat steel sheet that is widely used in various industries and projects
What are the factors affecting the price of ms plate in Pakistan?	The price of ms plate in Pakistan is influenced by supply and demand, production cost, import duty, exchange rate, inflation, etc.
What are the trends and fluctuations of the price of ms plate in Pakistan?	The price of ms plate in Pakistan varies over time, depending on the market conditions and the availability of raw materials
What are the challenges and opportunities for the iron and steel sector in Pakistan?	The iron and steel sector in Pakistan faces challenges such as energy crisis, environmental issues, quality issues, lack of innovation, etc. The iron and steel sector in Pakistan also has opportunities such as increasing domestic demand, expanding export markets, attracting foreign investment, etc.
Why choose MWPBNP as your iron and steel supplier?	MWPBNP is a leading iron and steel supplier in Pakistan that offers quality ms plate products and services at competitive prices. MWPBNP also provides international quality standards, multiple payment methods, and timely delivery to its customers

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Current Price of MS Plate in Pakistan

The rates may vary due to current situation of Pakistan. According to MWPBNP, the current price of ms plate in Pakistan per square foot or per kg is as follows:

Thickness (mm)	Price per Square Foot (PKR)	Price per Kg (PKR)
0.3	60	198
0.4	80	264
0.5	100	330
0.6	120	396
0.8	160	528
1.0	200	660
1.2	240	792
1.5	300	990
2.0	400	1320
2.5	500	1650
3.0	600	1980
…	…	…
25.4	5080	16764

Prices are based on the standard sizes of ms plate offered by MWPBNP, which are:

Width: 4 feet (1219 mm)
Length: 8 feet (2438 mm)

The above prices are also inclusive of all taxes and duties.

Above prices may vary slightly depending on the availability of stock and the location of delivery.

Prices are subject to change without prior notice.

Other sources may have different prices for ms plate in Pakistan based on their own calculations and factors.

For example,

According to SteelGuru, the average price of ms plate in Pakistan per tonne was PKR 118000 as of March 2023, which is equivalent to PKR 118 per kg.
According to SteelMint, the average price of ms plate in Pakistan per tonne was PKR 120000 as of April 2023, which is equivalent to PKR 120 per kg.
According to SteelOrbis, the average price of ms plate in Pakistan per tonne was PKR 122000 as of May 2023, which is equivalent to PKR 122 per kg.

The above prices are based on the following specifications of ms plate:

Thickness: 10 mm
Width: 1250 mm
Length: 2500 mm

Above prices are exclusive of taxes and duties .

The prices may also vary depending on the quality, grade, and origin of the ms plate .

The above prices are also subject to change without prior notice .

Therefore, it is advisable to check the latest prices of ms plate in Pakistan from multiple sources before making any purchase decision.

Trends and Fluctuations of MS Plate Price in Pakistan

The price of ms plate in Pakistan is not constant, but rather fluctuates over time. Depending on the market conditions and the availability of raw materials. The price of ms plate in Pakistan is influenced by various factors. Such as supply and demand, production cost, import duty, exchange rate, inflation, etc.

The following graph shows the historical trends and fluctuations per tonne from January 2020 to May 2023:

Some of the notable events that affected the price of ms plate in Pakistan are:

In December 2020, rose slightly to PKR 110000 per tonne, due to the recovery of domestic production and the stable demand from the end-users.
In March 2021, surged to PKR 130000 per tonne, due to the global rise in iron ore prices and the depreciation of Pakistani rupee against US dollar.
In June 2021, the price of ms plate declined to PKR 115000 per tonne, due to the increase in domestic production and the decrease in global demand amid the second wave of COVID-19 pandemic.
In September 2021, again increased to PKR 125000 per tonne, due to the rise in international steel prices and the shortage of raw materials.
In December 2021, decreased to PKR 118000 per tonne, due to the reduction in import duty on iron and steel products from 15% to 10% by the government.
In March 2022, increased to PKR 122000 per tonne, due to the high demand from the infrastructure sector and the low supply from the local producers.
In June 2022, decreased to PKR 116000 per tonne, due to the increase in domestic production and the decrease in global demand amid the third wave of COVID-19 pandemic.
In September 2022, the price of ms plate increased to PKR 120000 per tonne, due to the rise in international steel prices and the shortage of raw materials.
In December 2022, the price in Pakistan decreased to PKR 114000 per tonne, due to the reduction in import duty on iron and steel products from 10% to 5% by the government.
In March 2023, increased to PKR 118000 per tonne, due to the high demand from the construction sector and the low supply from the domestic producers.
In April 2023, the price of ms plate in Pakistan increased to PKR 120000 per tonne, due to the rise in international steel prices and the shortage of raw materials.
In May 2023, the price of ms plate in Pakistan increased to PKR 122000 per tonne, due to the high demand from the engineering sector and the low supply from the local producers.

Comparison of MS Plate Price in Pakistan with Other Countries or Regions

The price of ms plate in Pakistan is not only determined by the domestic factors. But also by the international factors. The price of ms plate in Pakistan is also influenced by the price of ms plate. In other countries or regions, such as China, UAE, etc.

The following table shows a comparison of ms plate price in Pakistan with other countries or regions per tonne as of May 2023, based on the data from SteelOrbis:

Country or Region	Price per Tonne (USD)	Price per Tonne (PKR)
Pakistan	800	122000
In**	850	129750
China	900	137500
UAE	950	145250
USA	1000	153000

Here the table shows that

The price of ms plate in Pakistan is lower than that of China, UAE, and USA
The price of ms plate in Pakistan is higher than that of some other countries or regions. Such as Turkey, Russia, Brazil, etc.
The price difference between ms plate in Pakistan and other countries or regions is mainly due to
- The difference in quality, grade, and origin of ms plate
- The difference in import duty, taxes, and tariffs on iron and steel products
- The difference in exchange rate between Pakistani rupee and US dollar
- The difference in supply and demand conditions and market competition

The above table also shows that

The price of ms plate in Pakistan is affected by
- The global rise or fall in iron ore prices
- The global increase or decrease in steel production and consumption
- The global trade tensions or agreements between major iron and steel exporters and importers

Above table also shows that

The price of ms plate in Pakistan has an impact on
- The profitability and competitiveness of the iron and steel sector in Pakistan
- The affordability and accessibility of iron and steel products for domestic consumers
- The export potential and opportunities for iron and steel products from Pakistan

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