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...
Commerce dept backs Trump’s proposal to impose tariffs on steel, aluminum
WASHINGTON: The Commerce Department is urging President Donald Trump to impose tariffs or quotas on imported aluminum and steel, which it calls...
Steel melters urge govt to solve taxation-related issues
LAHORE: The Pakistan Steel Melters Association (PSMA) on Monday voiced its concerns regarding taxation related issues being faced by the industry and...
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,...
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...
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
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....
Draft agreement for settlement of PSM debts to be shared with stakeholders: Privatization Commission
ISLAMABAD: A draft agreement for settlement of Pakistan Steel Mills debts will be shared with stakeholders for deliberation and input, decided the...
Private expert hired to assess PSM land price
KARACHI: A private expert has been hired to assess the land price of Pakistan Steel Mills handed over to National Industrial Park...
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...
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)...
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,...
Over 500,000 MT steel being smuggled from Iran, Afghanistan annually
Aggrieved, the steel industry approaches PM to stop large scale smuggling
Global steel body hikes demand forecasts, but says risks remain
Steel use in China is expected to rise 6 percent this year to 781 million tonnes and be flat in 2019
Asia feels the wrath, as Trump plans imposing hefty tariffs on steel & aluminum
SEOUL/SYDNEY: U.S. President Donald Trump’s planned tariffs on steel and aluminum will distort global trade and cost jobs, Australia’s trade minister said...