The State Trading Organisation (STO) has reduced the price of iron used for construction.

According to the company, prices of the iron used for construction is reduced up to 14 percent. Company stated that in the last few years, there has been a sharp shift in the prices of iron as prices have gone up due to the Covid-19 pandemic. However, the company stated they has been working tirelessly to control prices in the domestic market and deliver goods at the lowest possible price.

Moreover, STO noted that the supply chain is now recovering from the disruptions caused by global market disruptions.

STO further stated that prices of other construction materials sold by the company will also have a positive impact in the near future.

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