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

PSM stakeholders request government to revive mill

The stakeholders said that the losses and liabilities had swelled to over Rs465 billion, alongside $2.5 billion foreign exchange loss per year to the national exchequer due to steel imports

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...

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...

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...

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.

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...

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...