State Trading Organization (STO) has reduced prices on their retailed steel items.
According to the state-owned firm, consumers purchasing steel products from their STO Construction Solution would be able to acquire steel products at discounted rates
Prices for construction-related materials had soared in the wake of Covid-19 epidemic. As a result of supply and demand issues during the global pandemic, retail prices for steel, aluminum, and similar iron products increased significantly.
STO further emphasizes that it will prospectively continue to lower prices on other construction-related products, confirming this price reduction. STO states that their goal is to address the problems with supply and demand.