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213 news items from Pakistan. Show all
The Federal Board of Revenue (FBR) has notified minimum values for the payment of sales tax on selected locally produced and supplied long steel products, under S.R.O. 2402(I)/2025 dated December 10, 2025. Under the new…
Pakistan imported 335,526 tons of steel scrap in November 2025, up 15.6pct YoY from 290,294 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). However, scrap imports…
Pakistan imported 349,128 tons of finished steel products in November 2025, up 37pct YoY, according to data from the Pakistan Bureau of Statistics (PBS). However, Pakistan's finished steel imports declined by 17pct…
Pakistan is considering a proposed EUR 1-2 bln (USD 1.17-2.34 bln) integrated maritime industrial complex at Port Qasim, Karachi that could help revive the country's maritime and heavy industrial sectors, according to a…
Pakistan's major rebar manufacturers have sharply reduced prices, bringing current ex-works levels to PKR 225,000-230,000 (USD 800-807) per ton. Last month, prices from leading producers ranged between PKR…
Pakistan's steel industry has raised concerns over the government's economic and tax policies, warning that steep increases in indirect taxes, particularly sales tax, have sharply reduced demand for steel products…
Amreli Steels Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to issue 40 mln ordinary shares at PKR 25 per share. The direct issuance totals PKR 1 bln (USD 3.55 mln). The…
Pakistan imported 381,991 tons of steel scrap in October 2025, a sharp 64pct increase from 232,747 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). Month-on-month, scrap…
Pakistan imported 422,526 tons of finished steel products in October 2025, up 39pct YoY, PBS data showed. Imports also climbed slightly over 39pct from September levels. From January to October 2025, finished steel…
Pakistani rebar manufacturer, Dost Steels Limited (DSL) has announced a strategic expansion of its business portfolio, moving beyond steel re-rolling to enter the trading and supply of construction materials, the…
Mughal Iron & Steel Industries Ltd (Mughal Steel) is accelerating expansion in its core ferrous operations while keeping its copper segment on hold amid global market volatility, the company said during a corporate…
Aisha Steel Mills Limited said domestic flat steel demand in Pakistan is rebounding from last year's lows, with a strong recovery in cold-rolled and coated steel consumption, according to the company's corporate…
Beco Steel Limited has started supplying steel angles for electric transmission poles and related infrastructure to Pakistan's Water and Power Development Authority (WAPDA) and various distribution companies (DISCOs)…
Pakistan's Mughal Iron and Steel Industries Limited (Mughal Steel) posted a consolidated profit of PKR 925.7 mln (USD 3.27 mln) for the quarter ended September 30, 2025, compared to a loss of PKR 24 mln a year earlier…
The Competition Commission of Pakistan (CCP) has released its Competition Assessment Study of the Steel Sector, highlighting structural and policy challenges that undermine competitiveness in a key industrial segment…
Amreli Steels, one of Pakistan's leading steel producers, reported a 20pct YoY reduction in losses for Q1 FY26 ended September 30, 2025, posting a net loss of PKR 790 mln (USD 2.79 mln) compared to PKR 992 mln a year…
Amreli Steels Limited has extended the suspension of operations at its Karachi S.I.T.E. rolling mill for another six months, citing ongoing operational and economic pressures in the steel sector. The company's board…
International Steels Limited (ISL), Pakistan's leading flat steel producer, reported strong financial results for the first quarter of FY26, ending September 30, 2025. The company's net profit surged to PKR 620.3 mln…
Pakistan imported 359,759 tons of steel scrap in September 2025, up 30pct YoY from 276,486 tons in the same month last year, according to data from the Pakistan Bureau of Statistics (PBS). Month-on-month, scrap imports…
Pakistan imported 365,171 tons of finished steel products in September 2025, marking a 31pct YoY increase, according to data from the Pakistan Bureau of Statistics (PBS). However, finished steel imports dipped slightly…
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