Topic

steel mills

Conversion of steel sector AOPs into companies: SECP announces facilitation measures

Updated 07 Jul, 2026 07:13am

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has announced special facilitation measures to...

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...

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...

Pakistan in serious talks with Russia on steel mills issue

Updated 03 Jun, 2025 09:07am

ISLAMABAD: Pakistan is in serious talks with Russia to set up a new steel mills or restore the Pakistan Steel Mills...

Chinese company to purchase 120MW electricity

Published 10 Feb, 2025 05:35am

PESHAWAR: Chinese Investment Company (China Century Steel Mills) has contacted the Khyber Pakhtunkhwa government for...

Toxic fuel-laden truck seized

Published 10 Jan, 2025 03:51am

LAHORE: A truck loaded with substandard and toxic fuel was seized in Lahore during strict environmental monitoring....

EPD raids steel mills and factories

Published 14 Dec, 2024 08:53am

LAHORE: The Environmental Protection Department (EPD), under its ongoing crackdown against polluters, conducted ...

Amreli Steels temporarily halts operations at Karachi facility amid economic issues

Updated 24 Sep, 2024 08:49pm

Due to economic hardships, the Board of Directors (BoD) of Amreli Steels Limited (ASTL) has decided to temporarily...

New steel mills in Karachi: Pakistan, Russia agree to constitute working group

Published 19 Sep, 2024 06:37am

ISLAMABAD: Pakistan and Russia have agreed to constitute a working group to move forward on a proposal of...

Russian collaboration: Feasibility study sought to set up a new steel mill

Updated 01 Aug, 2024 10:01am

ISLAMABAD: A high level Committee, headed by the Minister for Planning, Development and Special Initiatives Ahsan...

Iron ore, steel prices largely fall

Published 10 May, 2024 04:17am

HANOI: Prices of iron ore and steel products in China declined on Thursday, pressured by weaker steel demand as...

Iron ore futures rise

Published 21 Jan, 2024 03:10am

BEIJING: Iron ore futures prices rose for a second consecutive session on Friday, underpinned by renewed hopes for...

Sindh, federal govt to establish industrial park at Steel Mills

Published 30 Dec, 2023 06:28am

KARACHI: Caretaker Sindh Chief Minister Former Justice Maqbool Baqar and Federal Minister for Commerce, Industries...

Unending travails of PIA, other SOEs

Published 24 Oct, 2023 05:05am

That the national air carrier has been in dire straits for quite some time is well known. Like Pakistan Steel Mills,...

APSMA protests against departmental actions by EPD

Published 28 Mar, 2023 06:21am

LAHORE: The All Pakistan Steel Mills Association (APSMA) on Monday held a protest against departmental actions taken...

Iron ore slips due to risk-averse stance amid tepid demand, higher supply

Published 26 Mar, 2023 03:19am

BEIJING: Dalian and Singapore iron ore futures extended losses on Friday as market participants adopted a ...

Iron ore futures dip on regulatory risks

Published 26 Feb, 2023 03:27am

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

FCCI chief calls for upgrading foundry sector in line with new technologies

Published 30 Dec, 2022 05:50am

FAISALABAD: “Foundry is the mother of all industries and we must upgrade it in line with the new global...

PSQCA stops production at 7 steel mills, seizes stocks

Updated 13 Dec, 2022 06:19am

LAHORE: The Pakistan Standards & Quality Control Authority (PSQCA) on Monday stopped manufacturing of seven...

PSQCA stops production of 9 steel mills, seizes huge stock

Published 10 Dec, 2022 08:08am

LAHORE: Pakistan Standards & Quality Control Authority (PSQCA) on Friday stopped working of another 9 illegal ...

PSQCA stops production at six un-licensed steel mills

Published 08 Dec, 2022 05:58am

LAHORE: The Pakistan Standards and Quality Control Authority (PSQCA) on Wednesday started operation against...

China 2021 crude steel output retreats 3pc

Published 18 Jan, 2022 04:20am

BEIJING: China’s annual crude steel production fell for the first time in six years in 2021, retreating from ...

Punjab govt decides to take action against those burning crop residue

Published 13 Oct, 2021 04:47am

LAHORE: The Punjab government has decided to take action against those causing air and environmental pollution...

Contingent liabilities

Published 12 Jul, 2021 05:26am

Finance Minister Shaukat Tarin in his budget speech stated that "although losses of PIA and Steel Mills have been...

Steel mill oxygen plant to be revived for Rs1 billion

Published 04 May, 2021 06:52pm

The chief minister said that a team of the federal government had visited Pakistan Steel Mill plant and reported that it could not be revived.

Global steel output jumps 15.2pc year on year in March

Published 22 Apr, 2021 08:06pm

Crude steel output from China, the world's top producer and consumer of the metal, climbed 19.1% to 94 million tonnes in March.

Ministers say PSM revival plan to be expedited

Published 15 Apr, 2021 03:22am

ISLAMABAD: Inter-ministerial meeting on revival of Pakistan Steel Mills Corporation (PSMC) was held here ...

Brazilian steelmaker Usiminas to raise prices by April 12

Published 08 Apr, 2021 06:40pm

Analyst Daniel Sasson said in the note to clients that prices of hot rolled steel will rise by 10% and those for other products will rise by 5%. Sasson said the information was confirmed by two steel distributors and that this would be Usiminas' third price hike this year.

Robust demand, supply curbs lift China steel prices to record highs

Updated 06 Apr, 2021 07:30pm

Shanghai rebar scales highest since 2011.
Hot-rolled coil hits strongest since 2014.
Dalian, SGX iron ore benchmarks slip.

Expansion of regional trade: Umar says PM is for exploring ‘alternate’ avenues

Published 04 Apr, 2021 04:12am

KARACHI: Federal minister for Planning, Development and Special Initiatives, Asad Umar, said on Saturday that the...

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Forex
World
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

Gainers
Losers
Leaders

Stock	Price
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%)

Stock	Price
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%)

Stock	Volume
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

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