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213 news items from Pakistan. Show all
Pakistan's Beco Steel reported a 179pct YoY increase in profit after tax to PKR 311.5 mln (USD 1.12 mln) for the financial year ended June 30, 2026, compared with PKR 111.5 mln a year earlier, according to the company's…
Pakistan's Port Qasim Authority (PQA) has invited international proposals for consultancy services for the establishment, operation and management of the proposed Sea-to-Steel (S2S) project at the Iron Ore & Coal Berth…
Pakistan's National Tariff Commission (NTC) has preliminarily determined that color-coated steel imports from China were dumped in the Pakistani market, but has decided against imposing provisional anti-dumping duties…
Pakistan's Agha Steel Industries reported a loss after taxation of PKR 4.74 bln (USD 17.1 mln) for the financial year ended June 30, 2026, compared with a loss of PKR 7.21 bln (USD 25.9 mln) a year earlier. The…
Mughal Iron & Steel Industries Limited (Mughal Steel) reported a net profit of PKR 2.49 bln (USD 9 mln) for the financial year ended June 30, 2026, up 158 pct from PKR 965.5 mln a year earlier. Net sales declined 13 pct…
Govt has started work on a PKR 12 bln (USD 43.3 mln) project to modernize the Gadani shipbreaking yard, with infrastructure upgrades aimed at bringing the facility in line with international safety and environmental…
Mughal Energy Limited, a wholly owned subsidiary of Mughal Iron & Steel Industries Limited, has successfully commissioned the main 31.5 MW turbine of its captive hybrid power plant and achieved the Commercial Operation…
Pakistan's National Tariff Commission (NTC) has initiated a sunset review of existing anti-dumping duties on cold-rolled (CR) steel imports from the European Union, Vietnam, Taiwan and South Korea. The review follows an…
Pakistan's International Steels Limited (ISL) reported a sharp improvement in profitability in the nine months ended March 2026, supported by higher steel sales, improved capacity utilization and tighter cost controls…
Pakistan's Aisha Steel Mills returned to profitability in FY26, reporting a net profit of PKR 981.1 mln (USD 3.6 mln), compared with a net loss of PKR 1.35 bln a year earlier, supported by higher sales volumes and…
Pakistan's Frontier Foundry Steel Limited (FF Steel) has formally launched its Initial Public Offering (IPO) process, marking the company's planned debut on the Pakistan Stock Exchange (PSX). The company has appointed a…
The Pakistani government has introduced a new mechanism for collecting sales tax from electricity-based steel melters, re-rollers and composite units, linking tax payments directly to electricity consumed during…
Pakistan's Pakistan Association of Large Steel Producers (PALSP) has urged the Federal Board of Revenue (FBR) to introduce a lower sales tax rate for digitally compliant steel mills while clearing outstanding tax…
Ship recycling operations have resumed at Pakistan's Gadani Ship Breaking Yard after an eight-year suspension, with seven vessels arriving for dismantling, according to local media reports. The resumption follows…
Pakistan imported 323,896 tons of steel scrap in June 2026, up nearly 65pct from 196,424 tons in the corresponding month last year, according to data from the Pakistan Bureau of Statistics (PBS). Steel scrap imports…
Pakistan imported 389,370 tons of finished steel products in June 2026, more than doubling from 187,456 tons in the corresponding month last year, according to data from the Pakistan Bureau of Statistics (PBS). Market…
Pakistan's Agha Steel Industries Ltd has signed a bilateral restructuring agreement with Bank Al Habib Ltd (BAHL), marking a key milestone in the company's ongoing financial restructuring program. Under the agreement…
Pakistan's Securities and Exchange Commission (SECP) has introduced special facilitation measures to accelerate the conversion of steel sector Associations of Persons (AOPs) into registered companies following changes…
Amreli Steels Limited has extended the suspension of operations at its S.I.T.E. rolling mill in Karachi for a further one year, citing continued weak market conditions and unfavorable economic factors. The company said…
Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS)…
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