Topic

steel industry

Steel producers body wants power supplied to industry at lower cost

Updated 14 Jan, 2026 08:53am

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has approached the Federal Minister for Power,...

India’s JSW Steel to move Bhushan Power’s steel business to JV with JFE Steel

Published 03 Dec, 2025 04:32pm

India’s JSW Steel will sell the steel business of its unit Bhushan Power and Steel to an equal-stakes joint venture...

Steel industry questions economic, tax policies

Published 03 Dec, 2025 05:59am

ISLAMABAD: Pakistan’s steel industry has questioned the government’s economic approach/tax policies, warning ...

Allegations of steel industry against scrap importers rejected

Published 27 Nov, 2025 06:02am

ISLAMABAD: President of the Scrap Importers Association, Haji Muhammad Ayoob, along with other office-bearers, has...

Flat steel sector: CCP imposes heavy fines on two leading cos

Published 09 Oct, 2025 07:11am

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed heavy financial penalties on two leading...

India’s April-June finished steel imports fall nearly 30% as China, Japan shipments slow

Published 29 Jul, 2025 11:53am

NEW DELHI: India’s finished steel imports dropped nearly 30% in the first three months of the financial year that...

Housing finance subsidy scheme approved: steel sector revival plan okayed by ECC

Updated 26 Jul, 2025 07:40am

Economic Coordination Committee approves Pakistan’s Green Taxonomy

Iron and steel industry: MoC proposes massive changes in tariff structure

Updated 25 Jul, 2025 09:14am

Changes aimed at increasing utilization and extending support to domestic manufacturers and downstream industries

Anti-circumvention probe concluded: NTC acts to protect domestic steel industry

Updated 02 Jul, 2025 11:24am

KARACHI: In a key development for Pakistan’s trade enforcement, the National Tariff Commission (NTC) has concluded...

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...

UAE seeks US trade deal to roll back Trump’s steel and aluminium tariffs

Published 04 Jun, 2025 07:06pm

The United States and the United Arab Emirates have agreed to start negotiations for a potential bilateral trade...

Thyssenkrupp Steel Europe: US tariffs have limited impact but put pressure on trade

Published 04 Jun, 2025 04:22pm

DUESSELDORF: US tariffs on steel have only a limited direct effect on Thyssenkrupp Steel Europe, the company said on...

The top sources of US steel and aluminium imports

Published 02 Jun, 2025 11:11am

US President Donald Trump said on Friday he planned to double tariffs on steel and aluminium imports to 50% from...

Trump says will double steel, aluminum tariffs to 50%

Published 31 May, 2025 10:37am

WEST MIFFLIN: US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50...

PALSP team informs Aurangzeb: Tariff cut will result in closure of steel industry

Updated 28 May, 2025 05:24pm

ISLAMABAD: Pakistan Association of Large Steel Producers has warned the government that reduction in tariff of...

PALSP says steel industry in midst of ‘unprecedented’ crisis

Published 22 Nov, 2024 03:03am

ISLAMABAD: Pakistan’s steel industry, a critical pillar of the country’s economy, is in the midst of an...

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...

GST relief on scrap: Steel industry urges FBR to implement policy decision

Updated 03 Sep, 2024 08:58am

ISLAMABAD: The documented steel industry has asked the Federal Board of Revenue (FBR) to implement policy decision...

Steel industry: govt urged to revisit agreements with IPPs

Published 01 Aug, 2024 07:27am

ISLAMABAD: Exorbitant power tariffs and imposition of unjustified high-capacity charges have badly affected the ...

PALSP greets govt steps to revive steel industry

Published 16 Jun, 2024 02:40am

ISLAMABAD: The measures taken by the government in budget 2024-25 especially gradual reduction in tax exemptions...

Aurangzeb vows support to steel industry

Updated 31 May, 2024 09:17am

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the government is committed to supporting the local...

Levying turnover tax: steel industry demands a non-discriminatory approach

Published 22 May, 2024 05:54am

ISLAMABAD: Tax experts and representatives of steel industry have stressed for an end to discrimination in the levy...

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...

PALSP spells out reasons behind steel industry’s woes

Published 22 Mar, 2024 04:57am

ISLAMABAD: Pakistan Association of Large Steel Producers has raised alarms over the resumption of large-scale...

Large steel sector’s value chain: EDB to furnish report on energy costs in coordination with ministries

Updated 28 Feb, 2024 08:56am

ISLAMABAD: The country’s steel industry has backed out from its demand of creation of “distinct category” regarding...

Steel industry: PM orders FBR to resolve issues on priority basis

Updated 16 Feb, 2024 09:20am

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of...

Rescheduling loans: PALSP told to talk with SBP, Finance Division

Updated 15 Feb, 2024 08:43am

ISLAMABAD: An Inter-Ministerial Meeting has asked Pakistan Association of Large Steel Producers (PALSP) to take up...

Idea of establishment of ‘industrial’ park on PSM land under CPEC hailed

Updated 01 Jan, 2024 09:08am

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday said that the best option is to revive the...

FF Steel gets Public Limited Company status

Published 21 Oct, 2023 06:05am

PESHAWAR: FF Steel (Frontier Foundry Steel (Pvt) Ltd), the largest unlisted steel manufacturing company in Pakistan,...

Planned PSMC sell-off: PC asked to scrap bidding process

Updated 18 Oct, 2023 09:55am

Secretary Industries and Production and Secretary Privatisation have been directed that further alienation of PSMC land be stopped forthwith

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

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