steel News

Trump introduces new 25% tariffs on steel, aluminum imports

U.S. President Donald Trump said that he will introduce new 25% tariffs on all steel and aluminum...

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Pakistan, Russian experts to discuss revival of steel mill next week

Sindh Chief Minister Syed Murad Ali Shah has said that efforts to revive Pakistan Steel Mill are making progress as an online meeting is scheduled for next week

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PSMA demands extension in settling outstanding credit lines

Pakistan Sugar Mills Association (PSMA)  has appealed the State Bank of Pakistan (SBP) to extend the date of settling...

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CCP issues show cause notices to ten steel suppliers for collusive bidding

The Competition Commission of Pakistan (CCP) has issued show cause notices to ten steel structure suppliers involved in procurement tenders...

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Anti-dumping duties of 19.15% on steel rebar imports from China to continue for 5 years

The National Tariff Commission (NTC) has decided to continue anti-dumping duty on imports of deformed concrete reinforcing steel bars into Pakistan from China..

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Pakistan's steel industry raises concerns about escalating smuggling activities from Iran

The Pakistan Association of Large Steel Producers has raised alarms over the resumption of large-scale smuggling, misdeclaration, and under-invoicing...

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Steel producers urge govt to restrict imports to sea transport to curb smuggling

In order to reduce the harmful hazards arising from the increased smuggling of steel, the Pakistan Association of Large Steel Producers has urged....

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Red sea crisis, utility prices push steel prices up by Rs3,000 per ton

The steel rebar prices in the country have surged by up to Rs3,000 per ton owing to supply chain disruptions amid Red Sea crisis coupled with a domestic rise...

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Pakistan needs strong steel industry for progress: FTO Coordinator

Steel industry needs to be strengthened for sustainable economic growth, a prerequisite for rapid development, progress and prosperity in the country...

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Steel industry leaders call for removal of PHL surcharge to avert collapse

The steel industrialists on Monday demanded the withdrawal of the Power Holding Limited (PHL) surcharge to prevent the collapse of the industry...

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Steel rebar prices spiked by up to Rs3,000/ton

The steel rebar prices in the country have surged by up to Rs3,000/ton owing to a rise in production costs...

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AGHA striking gold with homegrown iron ore

The mighty Mi.Da. Rolling Plant and the ingenious plan to install Blast Furnace for Iron Ore...

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Pakistan Steel Mill privatization nullified

The privatization of the Pakistan Steel Mill has been annulled due to the mill's outdated technology and the exorbitant costs required for refurbishment...

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ISL’s profit surges by 2.5x to Rs1.12bn in 1QFY24

International Steels Limited (PSX: ISL) unveiled its profit and loss statement for 1QFY24, wherein the profit after tax clocked in at Rs1.12 billion...

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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].

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US Steel to explore strategic options after receiving unsolicited bids

United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple...

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Smuggling of steel billets, bars costs Pakistan Rs25bn annually: PALSP

The Pakistan Association of Large Steel Producers (PALSP) has raised alarm over the large-scale smuggling of steel billets and bars from Iran and Afghanistan...

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Steel price reach to all time high of Rs243,500/ton

Supply bottlenecks have finally reflected the prices of the important construction material ...

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Steel prices soar to Rs235,000 MTs amid shortage of raw material

Due to ongoing restrictions on opening of Letter of Credit (LCs), and shortage of raw material has increased

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Global Steel prices to remain on a downward trend: Fitch

Global Steel prices to remain on a downward trend

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ISL, ASL cut CRC and HDGC price by Rs12k per ton

ISL, ASL cut CRC and HDGC price by Rs12k per ton

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ISL commissions rewinding line with electrolytic cleaning section

ISL commissions rewinding line with electrolytic cleaning section

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CCP investigates cartelisation bids in tenders for procurement of steel structures

CCP investigates cartelisation bids in tenders for procurement of steel structures

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ISL increases steel prices by Rs5,000 per ton

ISL increases steel prices by Rs5,000 per ton

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Aisha Steel’s profitability plunges by 89% in 9MFY22

Aisha Steel’s profitability plunges by 89% in 9MFY22

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Local rebar prices increase by Rs7,000/ton

Local rebar price increases by Rs7,000/ton

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Crescent Steel may add one more furnace to increase melting capacity

Crescent Steel may add one more furnace to increase melting capacity

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Crescent Steel may add one more furnace to increase melting capacity

Crescent Steel may add one more furnace to increase melting capacity

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Flat steel price jumps by Rs5,000/ton

Flat steel price jumps by Rs5,000/ton

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ISL increases flat steel price by Rs3,000/ton

ISL increases flat steel price by Rs3,000ton

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Flat steel price jumps by Rs3,000/ton

Flat steel prices increase by Rs3,000ton

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Amreli Steel decreases rebar price by Rs5,000/MT

Amreli Steel decreases rebar price by Rs5,000MT

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MUGHAL increases load capacity of 132-KV grid station to 90 MW

MUGHAL increases load capacity of 132-KV grid station to 90 MW

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

Long steel manufacturers increase rebar, girder prices by Rs2000ton

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MUGHAL: Capacity expansion to improve profitability

MUGHAL Capacity expansion to improve profitability

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Steel policy to be rolled out soon with consultation of steel sector: Minister

Steel policy to be rolled out soon with consultation of steel sector: Minister

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Steel bar prices increased again, Naya Pakistan Housing Program now a distant dream: ABAD

Steel bar prices increased again, Naya Pakistan Housing Program now a distant dream ABAD

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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

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Analyst Briefing: ITTEFAQ plans to enter in Copper segment

Analyst Briefing ITTEFAQ plans to enter in Copper segment

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Steel Industry: All set to reap due benefit

Steel Industry All set to reap due benefit

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ASL turns profitable during 9MFY21

ASL turns profitable during 9MFY21

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Steel Q2 Preview: Strong demand to drive earnings

Steel Q2 Preview Strong demand to drive earnings

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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

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Pakistan’s Steel Industry advises the Govt to allow input tax adjustment on sales tax to exempted projects

Pakistans Steel Industry advises the Govt to allow input tax adjustment on sales tax to exempted projects

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

Agha Steels Theres more to it than meets the eye

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Construction industry seeks for allied industries coordination to build 500,000 low cost houses

Construction industry seeks for allied industries coordination to build 500,000 low cost houses

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Construction Relief Package – Now is the time to rise and shine!

\nConstruction Relief Package Now is the time to rise and shine

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ASTL: Finance cost, the main culprit

ASTL Finance cost, the main culprit

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Steel Mills’ business booming in federal capital

Steel Mills business booming in federal capital

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Aisha Steel Mills to file anti-dumping duties on Russia and Korea

Aisha Steel Mills to file anti-dumping duties on Russia and Korea

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International Steels Limited profits rise 60 percent to Rs. 3.234 billion

International Steels Limited profits rise 60 percent to Rs. 3.234 billion

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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 107,590.00 107,860.00
107,555.00
-645.00
-0.60%
BRENT CRUDE 66.63 67.20
65.92
-0.17
-0.25%
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 64.95 65.02
64.83
-0.16
-0.25%
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



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