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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 / 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 20	316.15
Diesel/Litre / Jul 20	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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