Construction iron prices soar by Rs7,000 per ton

The cost of construction iron has witnessed a significant surge in the country, with local steel producers announcing a per-ton price increase of 7,000 rupees, reaching a new high at 2,70,000 rupees.

This comes after a previous hike on October 31, when the price of Iron per ton saw an increase of 5,000 rupees. Economists attribute the upward trend in iron prices to a potential rise…