Topic

steel

Iran bans steel exports: media

Published 28 Apr, 2026 06:29pm

PARIS: Iran has banned the export of steel products, local media on Tuesday reported customs authorities as saying,...

India turns net exporter of finished steel in 2025/26, data shows

Published 28 Apr, 2026 05:09pm

New Delhi imported 6.5 million tons of finished steel during the fiscal year 2025/26, down 31.7% from a year earlier

Amreli Steels Limited

Updated 17 Mar, 2026 08:36am

Amreli Steels Limited (PSX: ASTL) was incorporated in Pakistan as a private limited company in 1984 and was...

Iron ore logs annual gain in a dramatic recovery

Published 01 Jan, 2026 08:15am

SINGAPORE: Iron ore futures traded in a tight band on Wednesday, but defied early 2025 fears to post annual gains on...

China pledges to control steel output during 2026-2030 period

Published 28 Dec, 2025 03:08am

BEIJING: China on Friday said it will continue to regulate crude steel output and prohibit the addition of illegal...

India recommends import tariffs for three years on some steel products

Published 18 Aug, 2025 04:32pm

India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top...

Trump says he will set tariffs on steel and semiconductor chips in coming weeks

Published 15 Aug, 2025 07:02pm

ABOARD AIR FORCE ONE: U.S. President Donald Trump said on Friday he would announce tariffs on imports of steel and...

EU has existing tools to reduce pain of steel tariffs, Thyssenkrupp executive says

Published 05 Jun, 2025 05:57pm

BRUSSELS: Europe already has tools to reduce the impact of Trump tariffs and Chinese over-capacity on the EU steel...

India’s finance ministry wants lower energy prices for green steel incentives

Published 05 Jun, 2025 06:08am

NEW DELHI: India’s finance ministry wants green hydrogen prices to soften before deciding on financial support for...

India to put 12% temporary tariff on steel to curb cheap China imports

Published 21 Apr, 2025 04:50pm

NEW DELHI: India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said...

Amreli Steels Limited

Published 16 Apr, 2025 08:57am

Amreli Steels Limited (PSX: ASTL) was incorporated in Pakistan as a private limited company in 1984 and was...

Trump to impose new 25pc tariffs on steel, aluminium

Published 11 Feb, 2025 06:36am

WASHINGTON: US President Donald Trump plans to slap 25 percent tariffs on steel and aluminium imports Monday,...

Cement price breather

Published 29 Jan, 2025 07:51am

Cement and steel rebar manufacturers may share the same clients, as they both serve the construction industry, but...

PALSP says high energy tariffs brought steel sector to its knees

Published 11 Dec, 2024 08:01am

ISLAMABAD: Pakistan’s steel industry, the backbone of the country’s economy, is teetering on the edge of ...

Steel sector assails delay in the implementation of budgetary steps

Published 22 Oct, 2024 06:33am

LAHORE: The inexplicable delay in the implementation of budgetary measures modifying tax regime for the steel...

Agha Steel Industries Limited

Published 11 Oct, 2024 08:54am

The company was incorporated as a private limited company in 2013 and then converted into a publicly listed company...

No recovery in sight

Updated 04 Oct, 2024 11:19am

Three months into the fiscal year and there doesn’t seem to be any recovery in sight for the construction industry...

Struggle for steel continues

Published 05 Sep, 2024 06:19am

Steel is the basic building block of development. It was due to the influential import lobbies that Pakistan lagged...

Misclassification of steel products: FBR urged to recover taxes from importers

Updated 07 Aug, 2024 08:00am

ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of...

US tightens steel, aluminum import rules to curb China tariff evasion

Published 11 Jul, 2024 07:37am

WASHINGTON: The United States unveiled stricter rules Wednesday on steel and aluminum imports from Mexico, moving to...

PALSP urges govt to stop steel smuggling during Eid holidays

Updated 01 Apr, 2024 08:46am

ISLAMABAD: The Steel industry appeals the govt to take pre-emptive measures to block smuggling of steel from Iran...

Sales tax assessment: FBR to fix minimum values of steel products on quarterly basis

Updated 21 Mar, 2024 08:41am

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to fix minimum values of steel products on quarterly...

Steel melters concerned over surge in power rates

Published 08 Feb, 2024 05:02am

LAHORE: The Pakistan Steel Melters Association (PSMA) has expressed significant concern regarding the recent surge...

China’s 2023 steel output likely reached 1.02bn tons

Published 15 Jan, 2024 02:04pm

BEIJING: China likely produced around 1.02 billion metric tons of crude steel last year, a state-backed steel...

Nippon Steel confident hefty premium for US Steel makes sense

Published 02 Jan, 2024 05:21am

TOKYO: Nippon Steel said on Tuesday it can afford to pay $14.9 billion for US Steel, justifying the huge premium it...

China’s 2024 steel demand to drop

Published 24 Dec, 2023 04:00am

BEIJING: China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state...

Energy tariff hike triggers significant steel price surge: PALSP

Published 26 Sep, 2023 06:33am

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

Unraveling state of engineering industry

Updated 20 Sep, 2023 07:05am

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

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

Published 13 Sep, 2023 06:17am

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

Iron ore drops on tepid China support measures

Published 08 Aug, 2023 07:08am

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

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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 19	316.15
Diesel/Litre / Jul 19	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

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