Pakistan's scrap imports surged by 50pct YoY in June 2024, according to the Pakistan Bureau of Statistics. The country imported a total of 250,734 tons of scrap during the month, compared to 167,075 tons in the same…
In June 2024, Pakistan saw a significant surge in finished steel imports, with a 67.6pct YoY increase, according to data from the Pakistan Bureau of Statistics. The country imported 302,412 tons of finished steel during…
According to the Pakistan Bureau of Statistics, scrap imports in Pakistan have experienced a significant YoY decrease of almost 50pct, with a total of 121,877 tons imported in June 2023. This quantity represents the…
Newly released data from the Pakistan Bureau of Statistics indicates a significant decline in Pakistan's finished steel imports in June 2023. The imports of finished steel experienced a substantial YoY decrease…
Pakistan's flat steel manufacturers, International Steels Limited (ISL) and Aisha Steel, have announced a price reduction for CRC and galvanized coil for the domestic market. This marks the first adjustment in prices…
Pakistan’s rebar producer, Dost Steels Limited (DCL) faces continued closure of operations amid pending litigation, according to the company's progress report. Despite management's efforts to find a resolution and…
The Pakistan Association of Large Steel Producers (PALSP) have voiced strong criticism against the existing dual tax system in the country, raising concerns about the preferential treatment and unfair advantages enjoyed…
The State Bank of Pakistan (SBP) has eased the import restrictions that were imposed in December last year in an attempt to appease the International Monetary Fund (IMF). However, both the business community and…
UAE's AD Ports Group, a leading operator of industrial cities and free zones, has entered into a 50-year concession agreement with Pakistan's federal agency Karachi Port Trust. The agreement entails a joint investment…
The Pakistan Bureau of Statistics has reported a substantial YoY decrease of 38pct in scrap imports, with a total of 126,194 tons imported in May 2023. Pakistan had imported 203,474 tons of scrap in May 2022…
According to recently released data from the Pakistan Bureau of Statistics, Pakistan has witnessed a significant decline of 33.5pct in finished steel imports in May 2023 compared to the previous year. Last month, the…
The Pakistan Bureau of Statistics (PBS) released a report stating that the country's Large Scale Manufacturing Industries (LSMI) production witnessed a significant decline of 21.07pct YoY in April 2023. The production…
Pakistan's Agha Steel Industries has entered into a collaborative agreement with Mount Khalid to provide G80 ultra-high-strength rebars for a significant residential project in Islamabad. This partnership marks a…