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)...
Smuggling, misdeclaration pose dire threats to Pakistan’s steel industry
500,000 metric tons of steel are smuggled annually into Pakistan, says PALSP
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,...
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...
Industrialist’s raise questions over appointment of transaction advisers for PSM privatisationÂ
ISLAMABAD: While the transaction advisers appointed for privatisation of Pakistan Steel Mills (PSM) have reportedly submitted their proposals, sources belonging to the...
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
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...
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...
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
Workers decry govt’s plan of privatisation of PIA, Steel Mill
KARACHI: A representative gathering of the labour here on Saturday expressed serious concerns on the proposed plans to privatise Pakistan Steel Mill...
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...
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.
PSMA rejects controversial tax concessions to CSCECL
KARACHI:Â The SRO issued to benefit the import material of China State Construction Engineering Corporation Limited (CSCECL) has been criticised by a number...
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,...