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Nov 15, 2026 اردو

Print Edition BR Markets Dollar to PKR

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Business & Finance Print edition: 2025-06-21

Steel sector concerned at massive tariff rationalisation

Published June 21, 2025 Updated June 21, 2025 06:06am

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By Sohail Sarfraz

ISLAMABAD: The documented steel sector Friday expressed serious concern over massive tariff rationalization in budget (2025-26) which would result in total closure of the domestic steel industry.

Addressing a press conference on Friday, Abbas Akberali Patron in Chief, Pakistan Association of Large Steel Producers and Chairman Amreli Steels; Javed Iqbal Malik Chairman PLASP / CEO Karachi Steels, Ilyas Aziz Malik V. Chairman PALSP / Chairman Fazal Steels shared their views on Finance Bill (2025-26).

They said after passing through the most difficult period of history, a few measures taken by the Govt recently have provided little bit relief to the steel industry. It includes reduction in cost of electricity, and reduction in interest rates.

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Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

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Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

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Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

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WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82