Trends - steel mills - Business Recorder

steel mills

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

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

Published 05 Jun, 2025 05:57pm

Business & Finance

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

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

Published 04 Jun, 2025 04:22pm

Pakistan in serious talks with Russia on steel mills issue

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

Updated 03 Jun, 2025 09:07am

Markets

Chinese company to purchase 120MW electricity

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

Published 10 Feb, 2025 05:35am

Toxic fuel-laden truck seized

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

Published 10 Jan, 2025 03:51am

EPD raids steel mills and factories

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

Published 14 Dec, 2024 08:53am

Business & Finance

Amreli Steels temporarily halts operations at Karachi facility amid economic issues

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

Updated 24 Sep, 2024 08:49pm

Business & Finance

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

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

Published 19 Sep, 2024 06:37am

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

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

Updated 01 Aug, 2024 10:01am

Markets

Iron ore, steel prices largely fall

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

Published 10 May, 2024 04:17am

Markets

Iron ore futures rise

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

Published 21 Jan, 2024 03:10am

Sindh, federal govt to establish industrial park at Steel Mills

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

Published 30 Dec, 2023 06:28am

Opinion

Unending travails of PIA, other SOEs

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

Published 24 Oct, 2023 05:05am

APSMA protests against departmental actions by EPD

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

Published 28 Mar, 2023 06:21am

Markets

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

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

Published 26 Mar, 2023 03:19am

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

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

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

Published 30 Dec, 2022 05:50am

Business & Finance

PSQCA stops production at 7 steel mills, seizes stocks

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

Updated 13 Dec, 2022 06:19am

PSQCA stops production of 9 steel mills, seizes huge stock

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

Published 10 Dec, 2022 08:08am

Business & Finance

PSQCA stops production at six un-licensed steel mills

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

Published 08 Dec, 2022 05:58am

Markets

China 2021 crude steel output retreats 3pc

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

Published 18 Jan, 2022 04:20am

Punjab govt decides to take action against those burning crop residue

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

Published 13 Oct, 2021 04:47am

Contingent liabilities

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

Published 12 Jul, 2021 05:26am

Pakistan

Steel mill oxygen plant to be revived for Rs1 billion

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.

Published 04 May, 2021 06:52pm

Markets

Global steel output jumps 15.2pc year on year in March

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

Published 22 Apr, 2021 08:06pm

Ministers say PSM revival plan to be expedited

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

Published 15 Apr, 2021 03:22am

Business & Finance

Brazilian steelmaker Usiminas to raise prices by April 12

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.

Published 08 Apr, 2021 06:40pm

Business & Finance

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

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

Updated 06 Apr, 2021 07:30pm

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

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

Published 04 Apr, 2021 04:12am

Business & Finance

Ukraine steel output 0.5pc down so far in 2021

Ukrainian steel output fell by 1.1% in 2020 to 20.62 million tonnes.

Published 02 Apr, 2021 08:23pm

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 20	279.76
USD PKR Interbank Buying / Feb 20	279.56
USD to Japanese Yen / Feb 23	154.49
USD to Swiss Franc / Feb 23	0.77
Pound Sterling to USD / Feb 23	1.35
Euro to USD / Feb 23	1.18
SOFR % / Feb 20	3.66

Stock	Volume
S&P 500 / Feb 20	6,909.51
Tokyo Nikkei / Feb 20	56,825.70
Nasdaq / Feb 20	22,886.07
FTSE 100 / Feb 20	10,686.89
Dow Jones / Feb 20	49,625.97
Germany DAX 30 / Feb 20	25,260.69
France CAC40 / Feb 20	8,515.49
India Sensex / Feb 23	83,086.64
Hang Seng / Feb 23	26,977.53

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 19	15,780
Gold 10 Grams PKR / Feb 20	451,356
Petrol/Litre / Feb 23	258.17
Crude Oil USD/Barrel / Feb 23	65.59
Gold Spot USD/Ounce / Feb 23	5,159.67
Diesel/Litre / Feb 23	275.70
Cotton US¢/pound / Feb 23	65.29

Gainers
Losers
Leaders

Stock	Price
Itanz Technologies / Feb 23 Itanz Technologies Limited(ITANZ)	13.96 ▲ 1.27 (10.01%)
Kohinoor Ind. / Feb 23 Kohinoor Industries Limited(KOIL)	50.60 ▲ 4.6 (10%)
S.S.Oil / Feb 23 S.S.Oil Mills Limited(SSOM)	563.62 ▲ 51.24 (10%)
Ahmad Hassan / Feb 23 Ahmad Hassan Textile Mills Limited(AHTM)	92.88 ▲ 8.44 (10%)
786 Invest Ltd / Feb 23 786 Investments Limited(786)	23.56 ▲ 2.14 (9.99%)
Nazir Cotton Mills / Feb 23 Nazir Cotton Mills Limited(NCML)	16.50 ▲ 1.49 (9.93%)
Sanghar Sugar / Feb 23 Sanghar Sugar Mills Limited(SANSM)	123.45 ▲ 10.93 (9.71%)
Sindh Modaraba / Feb 23 Sindh Modaraba(SINDM)	22.77 ▲ 1.98 (9.52%)
Prosperity Weav / Feb 23 Prosperity Weaving Mills Limited(PRWM)	46 ▲ 4 (9.52%)
First Treet Manuf / Feb 23 First Treet Manufacturing Modaraba(FTMM)	17.19 ▲ 1.48 (9.42%)

Stock	Price
Blue-Ex Ltd / Feb 23 Blue-Ex Limited(BLUEX)	6.08 ▼ -55.98 (-90.2%)
Trust Sec.& Brokerage Ltd (R) / Feb 23 Trust Securities & Brokerage Limited (R)(TSBLR1)	0.42 ▼ -0.1 (-19.23%)
First AL-Noor Mod. / Feb 23 First Al-Noor Modaraba(FANM)	5.40 ▼ -0.81 (-13.04%)
Ist.Capital Sec / Feb 23 First Capital Securities Corporation(FCSC)	4.57 ▼ -0.64 (-12.28%)
Trust Sec.& Brok. / Feb 23 Trust Securities & Brokerage Limited(TSBL)	1.58 ▼ -0.21 (-11.73%)
Parmount Sp. / Feb 23 Paramount Spinning Mills Limited(PASM)	5.76 ▼ -0.73 (-11.25%)
LSE Ventures / Feb 23 LSE Ventures Limited(LSEVL)	8.19 ▼ -1 (-10.88%)
Chenab Ltd / Feb 23 Chenab Limited(CHBL)	8.50 ▼ -0.97 (-10.24%)
Saritow Spinning / Feb 23 Saritow Spinning Mills Limited(SSML)	22.73 ▼ -2.53 (-10.02%)
JS Investments / Feb 23 JS Investments Limited(JSIL)	49.28 ▼ -5.48 (-10.01%)

Stock	Volume
K-Electric Ltd. / Feb 23 K-Electric Limited(KEL)	29,188,202 ▼ -0.18
WorldCall Telecom / Feb 23 Worldcall Telecom Limited(WTL)	23,227,403 ▼ -0.04
F. Nat.Equities / Feb 23 First National Equities Limited(FNEL)	20,256,509 ▲ 0.11
Trust Sec.& Brokerage Ltd (R) / Feb 23 Trust Securities & Brokerage Limited (R)(TSBLR1)	17,340,210 ▼ -0.1
B.O.Punjab / Feb 23 The Bank of Punjab(BOP)	14,449,342 ▼ -1.44
P.T.C.L. / Feb 23 Pakistan Telecommunication Company Ltd(PTC)	12,581,342 ▼ -1.22
Pak Int.Bulk / Feb 23 Pakistan International Bulk Terminal(PIBTL)	11,388,791 ▼ -0.83
Hascol Petrol / Feb 23 Hascol Petroleum Limited(HASCOL)	9,001,056 ▼ -1.84
National Bank / Feb 23 National Bank of Pakistan(NBP)	8,954,231 ▼ -1.09
Nishat ChunPow / Feb 23 Nishat Chunian Power Limited(NCPL)	7,946,950 ▼ -5.3

steel mills

Most Popular