Trends - steel prices - Business Recorder

steel prices

Iron ore narrows gains on weakening steel prices

BEIJING: Iron ore futures extended their rise for a third session on Wednesday, aided by lingering optimism from...

Published 23 Nov, 2023 03:19am

Markets

Energy tariff hike triggers significant steel price surge: PALSP

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

Published 26 Sep, 2023 06:33am

Business & Finance

Documented steel sector assails hike in power tariff

ISLAMABAD: The documented steel sector has announced that the drastic increase in power tariff by 25 percent coupled...

Published 24 Jul, 2023 06:11am

Markets

Dalian iron ore futures higher

MANILA: Dalian iron ore futures edged higher on Tuesday, with the benchmark contract hitting a record high, as the...

Published 15 Mar, 2023 06:01am

Markets

Dalian iron ore rises as China’s steel hubs lift production curbs

BEIJING: Dalian iron ore futures extended gains for a second session on Thursday as market sentiment improved...

Published 03 Mar, 2023 07:44am

Business & Finance

Boycott of steel purchase yields positive result: ABAD

KARACHI: Association of Builders and Developers of Pakistan’s (ABAD’s) boycott of steel purchase has brought...

Published 02 Mar, 2023 06:23am

Business & Finance

ABAD concerned at hike in steel bar rates

KARACHI: Association of Builders and Developers of Pakistan (ABAD), while expressing deep concern over hike in steel...

Published 25 Feb, 2023 06:23am

BR Research

Construction: No good news

Though manufacturing is undoubtedly suppressed and demand is affected, monthly production of two key construction...

Published 13 Feb, 2023 09:30am

Markets

Iron ore futures subdued

MANILA: Iron ore futures were subdued on Thursday as traders reassessed demand prospects in key consumer China,...

Published 03 Feb, 2023 06:17am

Steel prices surge to all-time high level

KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw...

Updated 11 Jan, 2023 10:24am

Markets

China steel futures ease

MANILA: Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down...

Published 15 Sep, 2022 07:05am

Markets

Dalian iron ore rebounds

MANILA: Dalian iron ore rose on Thursday after three sessions of losses, with the resumption of production at some...

Published 02 Sep, 2022 06:00am

Markets

Iron ore drops

MANILA: Dalian and Singapore iron ore futures dropped below $100 a tonne on Tuesday, while spot prices slumped to ...

Published 31 Aug, 2022 07:21am

Business & Finance

Steel maker SSAB profit hits record, but outlook uncertain

STOCKHOLM: Swedish steel maker SSAB (SSABa.ST) reported a bigger-than-expected jump in quarterly earnings on Friday...

Published 25 Jul, 2022 06:12am

Steel sector: Amended finance bill may restore turnover tax adjustment

ISLAMABAD: The amended Finance Bill 2022 is likely to restore adjustment facility of turnover tax for the documented...

Updated 23 Jun, 2022 10:01am

Markets

Chinese Iron ore futures soar

BEIJING: Chinese iron ore futures jumped nearly 4% on Tuesday, touching 900 yuan ($135.00) per tonne for the first...

Published 01 Jun, 2022 05:53am

Markets

Dalian coking coal futures slip

BEIJING: Chinese coking coal futures fell for a second straight session on Friday, and were on course to log a ...

Published 30 Apr, 2022 05:53am

Markets

China iron ore, steel futures rebound

BEIJING: Chinese iron ore and steel futures rose on Wednesday after falling for two consecutive days, as concerns...

Published 28 Apr, 2022 05:37am

Markets

China ferrous falls as Covid curbs slow consumption

BEIJING: Chinese ferrous futures fell on Friday, with steel prices losing more than 2%, as production at mills and...

Published 10 Apr, 2022 06:51am

Markets

Prices of Dalian steelmaking raw materials drop

BEIJING: Prices for steelmaking ingredients on China’s Dalian Commodity Exchange dropped on Tuesday as latest...

Published 24 Mar, 2022 05:36am

Markets

Iron ore prices fall as top consumer China battles COVID-19

MANILA: Benchmark Dalian and Singapore iron ore futures fell on Tuesday, as surging COVID-19 infections in top steel...

Published 16 Mar, 2022 05:40am

Markets

Chinese iron ore makes gains

BEIJING: Benchmark iron ore futures in China jumped more than 5% on Friday, rebounding from two sessions of losses,...

Updated 13 Mar, 2022 07:02am

Steel prices soar on rising raw material cost

KARACHI: The domestic prices of steel rebars for the first time in the history crossed Rs 200,000 per metric ton ...

Updated 08 Mar, 2022 10:09am

Markets

Chinese steel futures drop on raw material price curbs

BEIJING: China’s Shanghai steel futures dropped on Thursday, with construction rebar falling more than 3%, as...

Published 25 Feb, 2022 06:19am

Markets

US, Japan set to announce steel import quota deal

WASHINGTON: The United States and Japan on Monday are set to announce a deal to grant Japanese steelmakers relief...

Published 08 Feb, 2022 06:10am

Business & Finance

Steel prices in North Region reduced: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) Saturday stated that the steel prices in North...

Published 23 Jan, 2022 05:17am

Markets

China iron ore set for third weekly gain amid demand hopes

BEIJING: Chinese iron ore futures surged around 3% on Friday and were on course for a third straight weekly gain ...

Published 22 Jan, 2022 05:46am

Markets

Tokyo Steel holds product prices unchanged in Feb

TOKYO: Tokyo Steel Manufacturing Co Ltd, Japan’s top electric-arc furnace steelmaker, said on Monday it will hold...

Published 18 Jan, 2022 04:20am

Steel bars: PALSP spells out reasons behind increase in prices

ISLAMABAD: The Federal Board of Revenue (FBR) will have major chunk of revenue on steel bars, following surge in its...

Updated 07 Jan, 2022 09:42am

Markets

China ferrous futures drift lower

BEIJING/MANILA: Futures for Chinese ferrous raw materials tumbled on Monday, undermined by big drop in steel...

Published 16 Nov, 2021 04:26am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

Calculate your monthly liability in FY24

steel prices

Most Popular Articles