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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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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