Economic uplift: US envoy highlights steel sector’s importance KARACHI: The US envoy visited National Steel Complex Limited (NSCL) at Bin Qasim and highlighted the steel sector’s... Published 05 Jun, 2024 07:21am
Business & Finance Erstwhile tribal areas: Steel sector warns govt against extending tax exemption ISLAMABAD: The steel sector has warned the federal government that any move to extend tax exemption to erstwhile... Published 01 Jun, 2024 06:59am
Business & Finance PALSP urges govt to stop steel smuggling during Eid holidays ISLAMABAD: The Steel industry appeals the govt to take pre-emptive measures to block smuggling of steel from Iran... Updated 01 Apr, 2024 08:46am
Print Steel industry: PM orders FBR to resolve issues on priority basis ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of... Updated 16 Feb, 2024 09:20am
Print ‘Hurdles’ to copper ingots’ export to China: Exporters move SIFC against FBR ISLAMABAD: Exporters have approached the Special Investment Facilitation Council (SIFC) against the Federal Board of... Updated 23 Jan, 2024 09:08am
Business & Finance Mughal Iron & Steel Industries completes acquisition of energy subsidiary Mughal Iron & Steel Industries Limited, one of Pakistan’s largest steel manufacturers, has successfully... Updated 30 Nov, 2023 10:48pm
Business & Finance Challenge of smuggling from Iran, Afghanistan: Govt urged to allow steel import only by sea ISLAMABAD: The documented steel sector on Thursday proposed the caretaker government to allow import of steel only... Published 17 Nov, 2023 06:06am
Opinion Engineering evolution or devolution? Across the world, the engineering industry is one of the significant contributors to the economy. However, in... Updated 27 Sep, 2023 06:59am
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 Agha Steel says it intends to export iron ore from KPK mines Has also entered into contract for acquisition of 50 cubic meter blast furnace for backward integration with its existing arc furnace Published 14 Sep, 2023 02:39pm
Pakistan Steel sector: FBR Member assures action over smuggling from Iran, Afghanistan ISLAMABAD: The Federal Board of Revenue (FBR) Member Customs (Operations), Zeba Hai Azhar, has assured the ... Published 13 Sep, 2023 06:17am
Print Incremental Units Consumption Subsidy: PALSP concerned at ‘discrimination’ ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has raised a poignant concern over the blatant... Updated 28 Aug, 2023 09:46am
Print B4 industrial consumers: PALSP urges Nepra to facilitate renewable energy integration into grid ISLAMABAD: Pakistan Association of Large Steel Producers has asked NEPRA to facilitate renewable energy integration... Updated 22 Aug, 2023 08:42am
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
Print July-May LSMI output declines 9.87pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has declined by 9.87 percent during July-May... Updated 14 Jul, 2023 09:11am
Print Rising steel smuggling from Iran, Afghanistan: PALSP issues ‘stern warning’ to FBR ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has issued a stern warning to the Federal Board... Updated 17 May, 2023 09:03am
Business & Finance Steel, plastic, ghee, other sectors: Tribal area tax exemptions expire on June 30 ISLAMABAD: The tax exemptions granted to the industrial units of iron/ steel, plastics, ghee, textile and other... Published 30 Apr, 2023 05:10am
Business & Finance Scrap shortage crisis compounding: PALSP ISLAMABAD: Due to lack of letters of credits (LCs) being opened, the domestic scrap shortage crisis is compounding... Published 08 Mar, 2023 06:20am
Print Raw materials of steel sector: MoF, SBP urged to instruct commercial banks to prioritise LCs ISLAMABAD: The documented steel sector has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to... Updated 01 Jan, 2023 10:09am
Business & Finance Extra power for KE’s industrial users: Govt fails to implement its ‘support package’ decision: PALSP ISLAMABAD: The government has failed to implement its decision of extending support package for additional... Published 17 Dec, 2022 05:58am
Opinion Application of slag in steel, other industries The steel industry of Pakistan has been facing a number of challenges including but not limited to import of raw... Published 27 Nov, 2022 05:58am
Editorials Letting the steel sector rot EDITORIAL: All eyes are now on the Federal Board of Revenue (FBR) as it investigates alleged large-scale... Published 23 Jul, 2022 04:10am
Print 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
Business & Finance Steel sector: net margins of listed companies shrink in 5 years ISLAMABAD: The net margins of the listed companies in the steel sector shrunk during the last five years, negating... Updated 28 May, 2022 09:35am
Print Profit-earning sectors: Some kind of time-bound levy may be imposed ISLAMABAD: The government is planning to impose some kind of time-bound levy or additional income tax on the annual... Updated 27 May, 2022 10:00am
Markets ‘Steel sector not making windfall profits’ FBR should avoid ‘targeted taxation’: PALSP ISLAMABAD: The documented steel sector has claimed that the steel sector is not making any windfall profit margins... Published 24 May, 2022 05:35am
Business & Finance Steel sector: IREN empowered to detect GST evasion ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Inland Revenue Enforcement Network (IREN) to check... Published 27 Apr, 2022 05:19am
Print Steel sector: FBR decides to apply track-and-trace system ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement the Track-and-Trace system on the... Updated 23 Apr, 2022 11:08am
Business & Finance Steel sector, others: FBR revises ‘STR-7’ form ISLAMABAD: The Federal Board of Revenue (FBR) has issued revised sales tax return form to incorporate some... Published 10 Apr, 2022 05:49am
Print PALSP demands mechanism to benefit local steel units ISLAMABAD: The documented steel sector has urged upon the Federal Board of Revenue (FBR) to place a foolproof... Updated 03 Dec, 2021 09:48am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost