Aisha Steel Mills Ltd- Yet another business case built on protectionism

Located at Bin Qasim Industrial Park in Karachi, Aisha Steel Mills Limited (ASML) is aiming to more than triple its production before...

Over 500,000 MT steel being smuggled from Iran, Afghanistan annually

Aggrieved, the steel industry approaches PM to stop large scale smuggling

Pakistan’s steel industry reeling, as smuggling soars

NTC anti-dumping duties haven’t thwarted the imports, as Pakistan retains its status as a favourite for the dumping of goods by Iran, Russia, China and some European countries

NAB starts investigation to indict those responsible for shutdown of PSM

ISLAMABAD: National Accountability Bureau (NAB) has initiated an investigation to identify those responsible for the shutdown of Pakistan Steel Mills (PSM) and...

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...

Karachi outages force Amreli Steel to cut production of rebars by 40 percent

LAHORE: Amreli Steels in a notification sent to the bourse Tuesday informed it was cutting down its production of rebars by 40...

US postpones imposition of metal tariffs on EU, Canada & Mexico

US has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said on Monday.

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,...

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)...

Agha Steel deploys Fiori enabled SAP

  KARACHI: Agha Steel Industries (ASI) in a ceremony held on Friday announced that it is all set to implement Pakistan’s first end-to-end...

PSM directed to complete audit of retired employees’ dues by June 2018

ISLAMABAD: The Pakistan Steel Mills board of directors has instructed the company’s management to escalate audit of dues of retired employees by...

Mughal Steel gets amendments to expansion plan approved

LAHORE: A bourse notification filed Monday by Mughal Iron and Steel Industries Limited (MISIL) revealed amendments to expansion plan have been approved...

Pakistan to inadvertently suffer if world goes to ‘trade war’

KARACHI: US President Donald Trump is embarking on a journey to adopt protectionist policies which might result in a global trade war....

Dost Steels set to start commercial operations from March 2018

LAHORE: A bourse notification filed Wednesday by Dost Steels Limited announced it would be starting trial productions from 1st of February. DSL stated,...

U.S, South Korea agree to revise trade pact

SEOUL: The United States and South Korea agreed to revise a trade pact sharply criticized by U.S. President Donald Trump, Seoul said...