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Pakistan Steel Mills

Ministry of Industries and Production: PAC panel questions irregularities

Published 15 Jul, 2026 02:14am

ISLAMABAD: The Public Accounts Committee’s (PAC) sub-committee on Tuesday questioned financial irregularities...

Suggestions soon to revive PSM: Leghari

Updated 10 Jul, 2026 09:27am

ISLAMABAD: Calling Pakistan Steel Mills (PSM) a flagship symbol of Pakistan’s longstanding ties with Russia,...

Senate body briefed about NEV policy

Published 04 Jul, 2026 02:29am

ISLAMABAD: The Senate Standing Committee on Industries and Production met here on Friday with Khalida Ateeb in the...

Pakistan, IMF and half-told fiscal story

Published 14 Mar, 2026 04:55am

Negotiations between Pakistan and the International Monetary Fund (IMF) over the release of a USD 1 billion tranche...

Sazgar Engineering Works Limited

Updated 03 Mar, 2026 08:24am

Sazgar Engineering Works Limited (PSX: SAZEW) was incorporated in Pakistan as a private limited company in 1991 and...

Employees living in PSM Township: MPs panel slam KE’s decision to impose commercial tariffs

Published 27 Feb, 2026 06:49am

ISLAMABAD: A parliamentary panel on Thursday sharply criticized K-Electric over its decision to impose commercial...

Mayor highlights features of Gulshan-e-Hadeed road project

Published 22 Feb, 2026 02:31am

KARACHI: Mayor Karachi Barrister Murtaza Wahab, on Saturday, laid the foundation stone for the construction and...

Distant dreams

Updated 18 Feb, 2026 07:40am

Folly is the product of all countries and ages. Foolishness must have an expiry date. It cannot be allowed to last...

FY25 SOE losses hit Rs832.848bn mark

Updated 14 Feb, 2026 02:41pm

ISLAMABAD: Pakistan’s state-owned enterprises (SOEs) losses hit a staggering Rs832.848 billion during the fiscal...

Maritime sector posts record Rs100bn profit after sweeping reforms: Junaid Anwar Chaudhry

Updated 25 Jan, 2026 07:34am

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday said maritime sector...

Pakistan maritime sector records $360mn profit in 2025

Published 24 Jan, 2026 02:29pm

Minister for Maritime Affairs Muhammad Junaid Chaudhry outlines the ministry’s annual performance

Pakistan Steel Mills revival: Pakistan, Russia set 2027 start date

Updated 23 Jan, 2026 07:19am

ISLAMABAD: Pakistan and Russia have set a 2027 start date for the construction phase of the Pakistan Steel Mills...

Salary rise for Pakistan Steel Mills employees likely in Feb

Published 17 Jan, 2026 07:29am

ISLAMABAD: After a long wait of around 15 years, the government has decided to revise and increase the salaries of...

PSM ‘union men’ involved in theft activities: FIA

Published 07 Jan, 2026 05:53am

ISLAMABAD: The Federal Investigating Agency (FIA) has informed a parliamentary panel that Pakistan Steel Mills (PSM)...

BR RESEARCH: The jinx is broken. PIA is privatized

Updated 24 Dec, 2025 07:27am

The jinx is broken. PIA is privatized. It’s a success for the country. Regardless of PIA’s history, it was a...

Pakistan Steel Mills revival: Pakistan-Russia commission signs second protocol

Updated 16 Dec, 2025 12:45pm

ISLAMABAD: The joint Pakistan-Russia Inter-Government Commission (IGC) has signed the second protocol for the ...

JI says against planned PSM privatisation

Published 11 Nov, 2025 07:11am

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Monem Zafar Khan on Monday said that the privatization of Pakistan Steel...

C2 Steel Green Industrial Corridor project will help revive PSM: minister

Published 04 Nov, 2025 07:36am

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry announced the preparation of the C2 Steel Green...

Pakistan’s Port Qasim to undergo major overhaul to drive half of $100bn revenue target

Published 03 Nov, 2025 12:10pm

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday said that Port Qasim will undergo...

Reviving Pakistan Steel Mills: choosing the right path

Updated 30 Oct, 2025 07:21am

Business Recorder recently reported that the Russian side has proposed two options to Pakistan for the revival and...

Russia floats two options for PSM’s revival

Published 22 Oct, 2025 06:02am

ISLAMABAD: The Russian government has proposed two options for the revival of the ailing Pakistan Steel Mills (PSM):...

Govt unveils plan to revive Pakistan Steel Mills via ship recycling, green steel production

Published 21 Oct, 2025 01:24pm

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, on Tuesday unveiled a plan to revive the...

The quest for PSM revival

Updated 21 Oct, 2025 06:49am

After years of indecision, political back-and-forth, and prolonged institutional paralysis, the fate of Pakistan...

Record of FIRs summoned: Senate panel raises alarm over large-scale theft at PSM

Published 10 Oct, 2025 06:12am

ISLAMABAD: A parliamentary panel on Thursday expressed serious alarm over the continued large-scale theft at ...

Arrested ships, avoidable costs

Published 03 Sep, 2025 06:50am

EDITORIAL: Public money is again paying for a problem that should have been settled before it reached a foreign...

Ministry to head body for USD15m Coniston-PSM dispute

Updated 01 Sep, 2025 09:12am

ISLAMABAD: The Ministry of Industries and Production is to lead a committee to deal with a nearly decade-old case...

‘Step to attract investment, create jobs’: FPCCI lauds development of industrial estate on PSM land

Published 30 Aug, 2025 07:06am

KARACHI: Mian Zahid Hussain, Chairman of the Policy Advisory Board of the Federation of Pakistan Chambers of ...

PIDC asked to retain PSM liabilities

Updated 23 Aug, 2025 09:06am

ISLAMABAD: The government has directed Pakistan Industrial Development Company (PIDC) not to transfer liabilities of...

Working on key points regarding PSM: Russian CG

Published 19 Aug, 2025 06:57am

KARACHI: Russian Consul General Andrey Viktorovich Fedorov said that discussions between Pakistan and Russia on...

ECC approves industrial estate development at PSM land

Updated 14 Aug, 2025 09:19am

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved several economic measures...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Pakistan Steel Mills

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