Copper Rate in Pakistan Today 2023
September 23, 2023 by admin
Copper is one of the precious metals and widely used in the construction process. Copper rates in Pakistan are considered an important and crucial aspect as the increase and decrease in them affect the daily buying and selling of metal. Usually, copper rates are measured in Kilograms in Pakistan.
Copper is of two categories; one is first hand or new and the other category is used or scrap copper. It is said that people even invest in copper just like they do in gold. In this article, I’ll inform you about the latest copper rates in Pakistan for both used and new.
Copper Rates in Pakistan
Copper can be bought at different prices per kilogram. If you want new copper (Grade A), it costs around 2400 to 2550 Pakistani Rupees per kilogram in big cities like Lahore, Karachi, Multan, Sialkot, and Gujranwala. However, if you prefer scrap copper or Grade-B copper, it costs about 1660 to1670 Pakistani Rupees per kilogram. These prices may vary from the market though.
However, geographical location matters a lot when it comes to copper rates in Pakistan. Some dealers pay less for scrap copper. Copper rates in Pakistan are crucial as it is widely used in the construction of buildings in Pakistan. Contractors and builders keep an eye on the prices of copper as it is an effective conductor of electricity and used in house wiring. Moreover, copper-winding electrical motors work quite efficiently.
Companies Dealing in Copper in Pakistan
- Ganar International
- Pioneer Cables Limited
- Copper World
- Veracom International
- Trading Strings
- Atta Steel and Copper Industries
- I&H Trading and Manufacturing
- Maaz 360 Private Limited
- Pearl Cables and Conductors
- Bushra Enterprises
- MM Enterprises
- Future Traders
- Mian Mohammad Feroze and Sons Enterprises
- Orient Trading Company
- System Electrical and General Equipment
- PM Engineering
- Mirza Traders
- Ali and Company
- Musleh Trading
- Petro Sourcing
Due to the overall inflation, copper rates have also increased in the past year. However, if you are new and have less knowledge about the rates and quality of this metal and you want to purchase it, then I would recommend you to carry out your research on your own and then invest in this metal. If you are a builder or constructor and want to estimate the construction cost of copper metal then you should consult a subject matter expert or should do your own research.