astl News

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Amreli Steels extends SITE rolling mill shutdown by another year

Amreli Steels Limited (PSX: ASTL) has extended the suspension of operations at its SITE Rolling Mill (SRM) for another year, citing persistent weak market conditions and challenging economic factors that continue to weigh on the steel industry.

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ASTL rides back into profit territory

Amreli Steels Limited (PSX: ASTL) reported a spectacular financial turnaround for the nine months ended March 31, 2026, swinging from a massive net loss of Rs2.86bn in the previous year to a robust net profit of Rs868.16m.

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Amreli Steels raises Rs1bn through share allotment

Amreli Steels Limited (PSX: ASTL) has successfully received Rs1 billion through the issuance of 40 million ordinary shares at Rs25 per share to the existing sponsor Mr. Shayan Akberali.

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Amreli Steels gets SECP nod for Rs1bn share issuance to sponsor

Amreli Steels Limited (PSX: ASTL) has received approval from the Securities and Exchange Commission of Pakistan (SECP) to issue 40 million ordinary shares of Rs10 each at a subscription price of Rs25 per share, including a premium of Rs15, to existing sponsor Shayan Akberali.

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Amreli Steels' 1QFY26 loss narrows 20%

Amreli Steels Limited (PSX: ASTL) reported a loss after tax of Rs790.4m for the quarter ended September 30, 2025, narrowing 20% from a loss of Rs991.7m in the corresponding quarter last year.

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Amreli Steels to raise Rs1bn via Direct Share Issuance

The Board of Directors of Amreli Steels Limited has approved the issuance of up to 40 million ordinary shares, other than by way of rights issue, at Rs25 per share, including a premium of Rs15 per share, to raise Rs1bn in equity.

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Amreli Steels strikes hard times, bending under Rs2bn loss

Amreli Steels Limited (PSX: ASTL) reported a significant loss of Rs2 billion for the half-year period ending December 31, 2024, compared to a loss of Rs632...

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PACRA downgrades Amreli Steels rating, outlook stands negative

Pakistan Credit Rating Agency Limited (PACRA) has downgraded the entity ratings of Amreli Steels Limited (PSX: ASTL) from "BBB" to "BB" for the long-term...

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Amreli Steels to halt production at Karachi facility, 30% production affected

The Board of Directors (BoD) of Amreli Steels Limited (PSX: ASTL) has decided to temporarily suspend operations at its oldest manufacturing facility...

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Amreli Steels reports massive Rs6.1bn loss for FY24

Amreli Steels Ltd. (PSX: ASTL) recorded a massive loss of Rs6.11 billion [LPS: Rs20.56] during the fiscal year 2024, around 776% higher compared to the ...

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Name Price/Vol %Chg/NChg
KSE100 184,520.96
423.48M 		0.26%
470.86
ALLSHR 111,273.74
986.42M 		0.44%
483.91
KSE30 55,083.19
197.44M 		0.25%
138.98
KMI30 261,314.51
141.59M 		0.26%
679.64
KMIALLSHR 71,698.64
555.80M 		0.45%
320.42
BKTi 51,680.94
85.40M 		0.11%
56.48
OGTi 37,287.90
17.12M 		0.93%
345.12
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,475.00 61,610.00
59,710.00 		1295.00
2.15%
BRENT CRUDE 70.41 71.22
70.14 		-1.16
-1.62%
RICHARDS BAY COAL MONTHLY 107.50 0.00
0.00 		0.30
0.28%
ROTTERDAM COAL MONTHLY 119.60 121.40
119.50 		0.50
0.42%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00 		0.00
0.00%
CRUDE OIL - WTI 67.29 68.24
67.04 		-1.29
-1.88%
SUGAR #11 WORLD 15.05 15.14
14.93 		0.06
0.40%
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