astl News

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...

Go to article

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...

Go to article

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...

Go to article

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 ...

Go to article

Amreli Steels faces financial downturn in Q1 2024

Amreli Steels Ltd. (PSX: ASTL) reported its profit and loss statement for the first quarter of 2024, wherein it incurred a loss of Rs665.8 million...

Go to article

Revenue slump, cost hike hit Amreli Steels hard

Amreli Steels Ltd. (PSX: ASTL) posted a wider loss in the first half of fiscal 2024 as revenue failed to lift off while expenses surged...

Go to article

Amreli Steels posts Rs172.78m loss in 3QCY23

Amreli Steels Ltd. (PSX: ASTL) unveiled its profitability for the quarter ended September 30, 2023, wherein....

Go to article

Amreli Steels posts Rs678m loss in FY23 amid lower sales, higher finance costs

Amreli Steels Ltd. (PSX: ASTL) unveiled its financial statement for the year ended 30 June 2023, wherein the loss after tax clocked in at 678.44m [LPS: Rs2.28].

Go to article

VIS finalizes instrument rating of A+ assigned to Sukuk 3 of Agha Steel Industries Limited

The VIS Credit Rating Company Limited (VIS) has finalized instrument rating of ‘A+’ (Single A Plus) to Sukuk 3 of Agha Steel Industries Limited (ASIL)....

Go to article

ASTL struggles to maintain profitability, 84.14% YoY decline in 9MFY23

Amreli Steel Limited (ASTL) experienced a massive decline of 84.14% YoY in profitability, clocked in at Rs290.96 million [EPS: Rs0.98] during 9MFY23...

Go to article

ASTL to resume production from Oct 1st

ASTL to resume production from Oct 1st

Go to article

ASTL announces shutdown of plants for 20 days

ASTL announces shutdown of plants for 20 days

Go to article

ASTL posts Rs1.32bn profits in FY22

ASTL posts Rs1.32bn profits in FY22

Go to article

ASTL’s profit margins may squeeze down due to augmented finance cost: PACRA

ASTL’s profit margins may squeeze down due to augmented finance cost: PACRA

Go to article

ASTL to invest in non-ferrous operations to diversify business portfolio

ASTL to invest in non-ferrous operations to diversify business portfolio

Go to article

Amreli Steel increases rebar price to 229,000/MT

Amreli Steel increases rebar prices to 229,000/MT

Go to article

ASTL sees 98% profit growth during 9MFY22

ASTL sees 98% profit growth during 9MFY22

Go to article

ISL increases flat steel price by Rs3,000/ton

ISL increases flat steel price by Rs3,000ton

Go to article

ASTL enjoys twofold surge in bottom line

ASTL enjoys twofold surge in bottom line

Go to article

ASTL, KE sign agreement to increase grid station load by 51 MW

ASTL, KE sign agreement to increase grid station load by 51 MW

Go to article

Amreli Steel decreases rebar price by Rs5,000/MT

Amreli Steel decreases rebar price by Rs5,000MT

Go to article

Long steel manufacturers increase rebar prices by Rs2,000/ton

Long steel manufacturers increase rebar, girder prices by Rs2000ton

Go to article

ASTL sees six-fold increase in profits

ASTL sees six-fold increase in profits

Go to article

ASTL plans to utilize 75% of Dhabeji plant in FY22

ASTL plans to utilize 75 of Dhabeji plant in FY22

Go to article

Int’l scrap reaches 7-year high; rebar prices to rise further in local markets

Intl scrap reaches 7-year high rebar prices to rise further in local markets

Go to article

Announced PSDP projects to strengthen Amreli Steels’ cashflows: PACRA

Announced PSDP projects to strengthen Amreli Steels cashflows PACRA

Go to article

Amreli Steels re-appoints Mr. Shayan Akberali as CEO

Amreli Steels reappoints Mr. Shayan Akberali as CEO

Go to article

Amreli Steels commences commercial operations of a greenfield renewable 4.43MWp PV Solar Plant

Amreli Steels commences commercial operations of a greenfield renewable 4.43MWp PV Solar Plant

Go to article

ASTL turns nine-month losses into profits

ASTL turns nine-month losses into profits

Go to article

ASTL Briefing: Company working to improve utilization, but no expansion plan on cards

ASTL Briefing Company working to improve utilization but no expansion plan on cards

Go to article

Amreli Steels earns Rs 423 million during 1HFY21

Amreli Steels earns Rs 423 million during 1HFY21

Go to article

Steel Q2 Preview: Strong demand to drive earnings

Steel Q2 Preview Strong demand to drive earnings

Go to article

Engineering Sector: Uptick in demand and higher selling prices to boost profitability in 2QFY21

Engineering Sector Uptick in demand and higher selling prices to boost profitability in 2QFY21

Go to article

ASTL clarifies information regarding closing of new orders' booking, suspension of production for few days

ASTL clarifies information regarding closing of new orders booking, suspension of production for few days

Go to article

Analyst Briefing: ASTL targeting 55% to 65% capacity utilization for FY21

Analyst Briefing ASTL targeting 55 to 65 capacity utilization for FY21

Go to article

Analyst Briefing: ASTL targeting 55% to 65% capacity utilization for FY21

Analyst Briefing ASTL targeting 55 to 65 capacity utilization for FY21

Go to article

Agha Steels: There's more to it than meets the eye

Agha Steels Theres more to it than meets the eye

Go to article

Amreli Steels suffers losses of Rs 1.12 billion in FY20

Amreli Steels suffers losses of Rs 1.12 billion in FY20

Go to article

Amreli Steel’s rebar capacity enhancement put on halt due to muted economy: PACRA

Amreli Steels rebar capacity enhancement put on halt due to muted economy PACRA

Go to article

Amreli Steel restarts operations from 12 May

Amreli Steel restarts operations from 12 May

Go to article

Amreli Steels reports losses of Rs 688 million as gross margins take a hit

Amreli Steels reports losses of Rs 688 million as gross margins take a hit

Go to article

Discontinuation of ISP by K-Electric to add salt to the wound of Amreli Steel

Discontinuation of ISP by K-Electric to add salt to the wound of Amreli Steel

Go to article

ASTL: Finance cost, the main culprit

ASTL Finance cost, the main culprit

Go to article

Steel Sector review - A sad state of affairs!

Steel Sector review A sad state of affairs

Go to article

Amreli Steel discloses losses of Rs 81 million

Amreli Steel discloses losses of Rs 81 million

Go to article

Amreli Steel plans to improve its rebar market in North

Amreli Steel plans to improve its rebar markets in North

Go to article

Steel Sector - Another one bites the dust!

Steel Sector Another one bites the dust

Go to article

Amreli Steels suffers drop in net earnings by 98%

Amreli Steels suffers drop in net earnings by 98

Go to article

Amreli Steel clears the air on import of un-serviceable auto parts

Amreli Steel clears the air on import of un-serviceable auto parts

Go to article

Aisha Steel Mills announces Commercial Operation Date of its expansion projects

Aisha Steel Mills announces Commercial Operation Date of its expansion projects

Go to article

ISL and ASTL increase steel prices to pass on the impact of PKR devaluation

ISL and ASTL increase steel prices to pass on the impact of PKR devaluation

Go to article

ASTL's financial performance displays a significant YoY plunge in earnings

ASTLs financial performance displays a significant YoY plunge in earnings

Go to article

Amreli Steels’ margins decline despite volumetric growth from capacity enhancement: PACRA

Amreli Steels margins decline despite volumetric growth from capacity enhancement

Go to article

Amreli Steels embarks on third phase of its expansion plan

Amreli Steels embarks on third phase of its expansion plan

Go to article

Amreli Steel reports total profits at Rs.408 million

Amreli Steel gains Rs.408 million in total profits

Go to article

Amreli steels gain 47.6% in annual profits owing to huge tax reversals

Amreli steels gain 47.6 in annual profits owing to huge tax reversals

Go to article

Amreli Steels Ltd. profits rise 21.72 percent to Rs. 997.151 million

Amreli Steels Ltd. profits rise 21.72 percent to Rs. 997.151 million

Go to article

Amreli Steel reduces production by 40 percent amidst power outages

Amreli Steel reduces production by 40 percent amidst power outages

Go to article

Amreli Steel to pour in Rs. 2 billion to expand existing rolling mill

Amreli Steel to pour in Rs. 2 billion to expand existing rolling mill

Go to article

Amreli Steel Limited profits rise 8.77% to Rs. 524.410 million

Amreli Steel Limited profits rise 8.77% to Rs. 524.410 million

Go to article

Amreli Steels Ltd. collaborates with Chinese company for Electricity Transmission project worth PKR 1.04 billion

Amreli Steels Ltd. collaborates with Chinese company for Electricity Transmission project worth PKR 1.04 billion

Go to article

Amreli Steels Ltd. profit for Q1FY18 falls by 13.24% to Rs. 195.77 million

Amreli Steels Ltd. profit for Q1FY18 falls by 13.24% to Rs. 195.77 million

Go to article

Earnings Report: Mughal Iron & Steels Industries Ltd. (PSX: MUGHAL) today reported Financial Results for the Twelve months ended June 30, 2017

Earnings Report: Mughal Iron & Steels Industries Ltd. (PSX: MUGHAL) today reported Financial Results for the Twelve months ended June 30, 2017

Go to article

Corporate Alert: Amreli Steels updates on Expansion Plan

Corporate Alert: Amreli Steels updates on Expansion Plan

Go to article

Earnings Report: Amreli Steel (PSX: ASL) today reported Financial Results for the twelve months ended June 30, 2017

Earnings Report: Amreli Steel (PSX: ASL) today reported Financial Results for the Three and Six months ended June 30, 2017

Go to article

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,055.00 109,565.00
107,195.00
570.00
0.53%
BRENT CRUDE 66.70 67.20
65.92
-0.10
-0.15%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.97 65.82
64.50
-0.55
-0.84%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%


Latest News
June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management


June 30, 2025 at 10:08 PM GMT+05:00

SBP’s March FX intervention stands at $860m



Pakistan Stock Movers
Name Last Chg/%Chg
3223 Pr32ice Chan2ge
Name Last Chg/%Chg