Good news for those planning to build a new home and the construction sector as the Commerce Commission has announced significant reduction in the price of steel.
Commission Chairman Dr. Mahedra Reddy revealed that the price of the grade 300 and grade 430 re-bar steel will decrease significantly.
The new price of the grade 300 bars will be $1701.60 while the new price for the grade 430 bars will be $1840.30.
Steel prices decrease
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