Steel industry opposes tariff reduction proposals of NTC

ISLAMABAD: As the National Tariff Commission (NTC) has proposed a reduction in tariff on import of finished or semi-finished steel products, the...
Steel re-rolling mills

Industrialist’s raise questions over appointment of transaction advisers for PSM privatisation 

ISLAMABAD: While the transaction advisers appointed for privatisation of Pakistan Steel Mills (PSM) have reportedly submitted their proposals, sources belonging to the...

At Amreli steel, things look solid

The steel rebar manufacturer’s steady increase in production will pay off when the construction sector’s big-ticket projects come up.
Hammad Azhar

Pakistan Steel Mills to be run as a joint venture with private sector, says Hammad Azhar

ISLAMABAD: Federal Minister for Industries and Production Muhammad Hamad Azhar on Wednesday rejected rumors regarding privatisation of Pakistan Steel Mills (PSM) and...

Naveena Group to launch steel plant at Port Qasim

KARACHI: Naveena Group, a conglomerate dealing in textile exports, spinning, wind power and other business sectors, on Sunday announced the launch of...

Steel industry demands policy change for exports

According to sources in the industry, some of the leading steel manufacturers have received queries from some Middle Eastern countries regarding imports

Amreli Steels to set up Rs 6.5 billion state-of-the-art rolling mill at Dhabeji

Expansion at SITE scrapped; Dhabeji to become the prime location

Railways ministry faces a Rs37-40bn deficit, says Sh Rasheed

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed has said that the Railways ministry faces a debt of Rs37 to 40 billion left behind...

No relief in federal budget for construction sector, says ABAD

ABAD chairman said that the government has presented a purely political and election budget, which will force the upcoming government to announce supplementary budget just after four months.

ISL posts highest quarterly sales at Rs12.6bn, up 32pc YoY

LAHORE: International Steels (ISL +0.32 per cent) in a notification to Pakistan Stock Exchange (PSX) on Tuesday, released its financial results for...

Miftah offers to give PSM for free with PIA

LAHORE: Adviser to Prime Minister on Financial Affairs Miftah Ismail has offered to give Pakistan Steel Mills (PSM) for free to anyone...

Naveena Group announces establishment of steel production plant at Port Qasim

KARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum)...

Daniyal Aziz: PSM privatisation to continue, liabilities to be settled

ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz chaired a high-level meeting with the officials of Sui Southern Gas Company Limited (SSGCL), National...

Analysts estimate increase of Rs6 per share to ASTL after SITE expansion

LAHORE: In Amri Steels Ltd's (ASTL) latest notice to the exchange it had informed about finalisation of its plans regarding the Balancing,...

Trump says ‘trade wars are good, easy to win’

WASHINGTON: President Donald Trump spoke out defiantly Friday against global criticism of his plan to impose tariffs on steel and aluminium imports,...