Trends - steel - Business Recorder

steel

Energy tariff hike triggers significant steel price surge: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) issues a grave warning to the nation as the...

Published 26 Sep, 2023 06:33am

Opinion

Unraveling state of engineering industry

The industrial sector is unquestionably important to Pakistan’s economy, contributing significantly to its growth...

Updated 20 Sep, 2023 07:05am

Pakistan

Steel sector: FBR Member assures action over smuggling from Iran, Afghanistan

ISLAMABAD: The Federal Board of Revenue (FBR) Member Customs (Operations), Zeba Hai Azhar, has assured the ...

Published 13 Sep, 2023 06:17am

Markets

Iron ore drops on tepid China support measures

SINGAPORE: Iron ore futures dropped on Monday, as the markets grew restless on the lack of substantial stimulus...

Published 08 Aug, 2023 07:08am

Markets

Ferrous metals drop as higher supply, tepid China demand weigh

BEIJING: Ferrous metals futures slumped on Monday, pressured by mounting supply and weak downstream demand in top...

Published 27 Jun, 2023 06:15am

Markets

Dalian iron ore extends rally on improved steel margins

BEIJING: Dalian iron ore futures extended gains for the fourth day in a row on Thursday, supported by improved steel...

Published 19 May, 2023 06:17am

Business & Finance

Rs25bn annual loss due to steel smuggling

ISLAMABAD: The documented steel industry has estimated that around 500,000 Metric Tons (MT) steel is being annually...

Published 27 Apr, 2023 06:24am

Markets

Iron ore futures slump

BEIJING: Dalian and Singapore iron ore futures weakened on Monday after China’s state planner said last week it ...

Published 07 Mar, 2023 03:16am

Markets

Dalian iron ore hits multi-month high

BEIJING: Dalian iron ore futures hit an eight-month high on Friday, driven by favourable fundamentals and optimism...

Published 05 Mar, 2023 03:36am

Markets

Iron ore futures extend losses

BEIJING: Dalian and Singapore iron ore futures extended losses on Monday amid concerns over near-term weaker demand,...

Published 28 Feb, 2023 06:15am

Markets

Iron ore futures dip on regulatory risks

MANILA: Dalian and Singapore iron ore futures dipped on Friday, with regulators in China seeking to curb exuberance...

Published 26 Feb, 2023 03:27am

Business & Finance

ABAD concerned at hike in steel bar rates

KARACHI: Association of Builders and Developers of Pakistan (ABAD), while expressing deep concern over hike in steel...

Published 25 Feb, 2023 06:23am

Markets

Iron ore subdued as DCE tightens trading limits

MANILA: Iron ore futures were subdued on Wednesday following an extended rally spurred by optimism around China...

Published 23 Feb, 2023 05:52am

Markets

Gas tariff hike will help E&P sector but hurt steel, chemical and textile firms, say experts

Indirect impact on food and fertiliser could further edge up inflation in the country: AKD Securities

Updated 14 Feb, 2023 05:51pm

Markets

Iron ore, steel futures fall as China demand concerns persist

MANILA: China’s ferrous futures fell on Monday, pressured by mounting domestic steel stocks and rising portside...

Published 14 Feb, 2023 05:58am

Opinion

Steel, pharma sectors hit harder

The issue of letters of credit (LCs) has strongly affected the two sectors in particular: construction (read steel)...

Published 12 Feb, 2023 03:56am

Markets

Iron ore dips on rising China port inventory, weak demand prospects

MANILA: Dalian and Singapore iron ore futures dipped on Tuesday, hovering around their lowest levels in nearly three...

Published 08 Feb, 2023 06:10am

Markets

Iron ore under pressure as China demand optimism fades

MANILA: Dalian and Singapore iron ore futures fell on Monday, hovering around their lowest in more than two weeks, ...

Published 07 Feb, 2023 06:07am

Steel industry: SBP urged to help resolve issue of LCs

ISLAMABAD: The steel industry of Pakistan, facing a severe crisis, has made an urgent appeal to the State Bank of...

Updated 06 Feb, 2023 09:09am

Markets

Dalian iron ore sets contract high on demand optimism

MANILA: Dalian iron ore futures extended gains after a week-long Lunar New year holiday in China, climbing more than...

Published 31 Jan, 2023 06:01am

Business & Finance

‘Export emergency’ should be declared: ministry

ISLAMABAD: Export-led growth is the cure for our economic woes. Ministry of Planning and Development will recommend...

Published 28 Jan, 2023 06:20am

Markets

Japan 2022 crude steel output falls

TOKYO: Crude steel output in Japan, the world’s third-biggest producer, fell 7.4% in 2022 from the previous year...

Published 24 Jan, 2023 06:06am

Markets

China Dec steel output rises from prior month

SHANGHAI: China’s December steel output rose 4.5% from the prior month, official data showed on Tuesday, as demand...

Published 19 Jan, 2023 05:58am

Markets

Dalian iron ore higher on strong China demand optimism

MANILA: Dalian iron ore futures edged higher on Thursday while the Singapore benchmark price steadied near a...

Published 13 Jan, 2023 06:05am

Markets

Dalian, Singapore iron ores up

MANILA: Dalian and Singapore iron ore futures rose on Tuesday after China said it has seen the peak of COVID-19...

Published 11 Jan, 2023 05:53am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

LCs: Large steel sector seeks govt’s help

ISLAMABAD: Pakistan Association of Large Steel Producers has urged the State Bank of Pakistan (SBP) and Minister for...

Updated 09 Jan, 2023 08:51am

Markets

Iron ore, ferrous futures dip

MANILA: Dalian and Singapore iron ore futures fell on Tuesday, along with Chinese steel benchmarks and other...

Published 04 Jan, 2023 06:02am

BR Research

Construction: Bleak year ahead

Inflation is hurting, and it is hurting across the board. The construction industry is certainly no stranger to it...

Published 03 Jan, 2023 09:33am

Raw materials of steel sector: MoF, SBP urged to instruct commercial banks to prioritise LCs

ISLAMABAD: The documented steel sector has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to...

Updated 01 Jan, 2023 10:09am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

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