Cement and Steel Rates in Lahore (October 2026): What They Mean for Your House Budget

Construction Costs ยท October 23, 2026

Steel reinforcement and concrete work on a grey structure in Lahore during October 2026

Quick answer: In October 2026, the average retail price of a 50 kg cement bag in Lahore is about Rs 1,630 (official PBS data for the week ending 8 October), with most dealers quoting Rs 1,500 to 1,650 depending on the brand. Steel (sarya) is quoted at about Rs 255 to 265 per kg by dealers and about Rs 275 to 277 per kg on major mill list prices for Grade 60. For a 5 marla double-storey house, cement and steel alone now cost about Rs 21 to 27 lakh.

Prices change every week. Use this page to check whether a quote is reasonable, then confirm the rate with your dealer on the day you buy.

Cement Prices in Punjab (Week Ending 8 October 2026)

The Pakistan Bureau of Statistics (PBS) reported that cement prices rose again in early October. The average bag price in northern Pakistan went up 1.66% in one week to Rs 1,613.

CityAverage price per 50 kg bag
LahoreRs 1,630
GujranwalaRs 1,650
MultanRs 1,653
SialkotRs 1,647
FaisalabadRs 1,610
IslamabadRs 1,611
RawalpindiRs 1,552

Retail rates differ between brands and between OPC and slag or SRC cement. Our guide to the best cement brands in Pakistan explains which type to use for each part of the house.

Steel (Sarya) Rates in October 2026

Source of quoteGrade 60Grade 40
Major mill list pricesabout Rs 277 per kgabout Rs 275 per kg
Dealer market rates (other brands)about Rs 255 - 265 per kgusually slightly lower

Mill list prices have been mostly flat since late September 2026. The gap between brands is real, so compare the same grade and the same bar sizes. Do not save money by switching from Grade 60 to Grade 40 when your drawings call for Grade 60. See Grade 40 vs Grade 60 steel.

What These Rates Mean for Your House

Using typical quantities from our cement quantity guide and steel quantity guide, at Rs 1,630 per bag and Rs 255 - 277 per kg:

HouseCement bagsCement costSteelSteel cost
5 marla double storey (2,000 sq ft)800 - 1,000Rs 13.0 - 16.3 lakh3 - 4 tonsRs 7.7 - 11.1 lakh
10 marla double storey (3,400 sq ft)1,400 - 1,700Rs 22.8 - 27.7 lakh5.5 - 7 tonsRs 14.0 - 19.4 lakh
1 kanal double storey (6,000 sq ft)2,500 - 3,000Rs 40.8 - 48.9 lakh10 - 14 tonsRs 25.5 - 38.8 lakh

Together, cement and steel make up roughly 35 to 45 percent of the grey structure cost. The rest is bricks, sand, crush, labour, plumbing and electrical work. For full budgets, see our Lahore construction rate per sq ft.

How Much Does a Price Rise Add?

  • Rs 100 more per cement bag adds about Rs 80,000 - 1 lakh to a 5 marla house and Rs 1.4 - 1.7 lakh to a 10 marla house.
  • Rs 10 more per kg of steel adds about Rs 30,000 - 40,000 to a 5 marla house and Rs 55,000 - 70,000 to a 10 marla house.

A single price rise rarely changes the overall budget much. The bigger risks are buying the wrong quantity, paying for poor material, and long delays that expose you to several price rises in a row.

How to Protect Your Budget from Price Swings

  1. Buy steel per slab, not in small lots: Order the full bar bending schedule (BBS) quantity for each slab at once, so one rate applies to the whole pour.
  2. Do not stock cement for months: Cement loses strength in storage, especially in humid weather. Buy in batches that will be used within a few weeks.
  3. Fix rates in your contract: On a material-plus-labour contract, agree the specification and the rate basis in writing, including what happens if prices rise. Our contract checklist covers escalation clauses.
  4. Keep the timeline tight: A grey structure that runs 4 months late can absorb more price rises than any discount you negotiated. See our construction timeline guide.
  5. Check brand and grade on delivery: Match the steel mill markings and cement bags to what you paid for.

Planet Builders prices grey structure and turnkey projects against a written specification and an itemized BOQ, so you can see exactly where every rupee goes.

Frequently Asked Questions

What is the cement rate in Lahore today?

Official PBS data put the average at about Rs 1,630 per 50 kg bag in Lahore in early October 2026. Dealer quotes usually range from Rs 1,500 to 1,650 depending on brand and type.

What is the steel rate per kg in Pakistan in October 2026?

Grade 60 steel is about Rs 255 to 265 per kg at dealer rates and about Rs 275 to 277 per kg on major mill list prices.

How much cement and steel does a 5 marla house need?

A 5 marla double-storey house of about 2,000 sq ft needs roughly 800 to 1,000 bags of cement and 3 to 4 tons of steel, depending on the structural design.

Should I wait for prices to fall before building?

Usually not. Small price changes add only a small share to the total cost, while waiting can expose you to bigger increases. Locking in a contract and building on a steady timeline gives more cost certainty.

Want a fixed, itemized estimate at today's rates? Contact Planet Builders & Interiors.

Discuss your project with our team