Steel

PALSP claims over 25,000 MT rebars, steel materials dumped across Panjgur border to smuggle during Eid holidays

PALSP says nearly 500,000MT smuggled annually resulting in losses of Rs25 billion

PALSP says only 30% mills operating as scrap prices paralyse industry

ABAD leadership says if govt doesn’t help, builders will move investments to other countries

Say surge in steel bar prices has forced construction industry to close business

Struggling to stay afloat amid shortage of raw material, high inflation

Builders boycott purchase of steel in protest against soaring prices

Calls on govt, SBP to resolve LC crisis, ensure industry’s survival

Sharpest YoY drop in the last 10 years, indicates low level of activity in construction sector

PALSP demands strict enforcement of PSQCA rules and standards

Blames flawed planning, lack of regulatory oversight on part of govt

Rates go up on the back of increase in cost of production

Scheme is expected to steer green revolution in steel sector

PSM has received staggering Rs334b from taxpayers’ money over past 15 years

Stakeholders say levy is counter-productive for dealers and distributors

Higher global prices for coal, steel scrap drives local price hike

Uptrend hampering recovery of construction activities in country

Shortage of raw material, disruption to supply chain cause price hike

Steel-maker to manufacture refined low-carbon billets to cut reliance on imports

Karachi-based steel-maker aims to raise around Rs5 billion through IPO for capacity expansion

Under housing programme, industries anticipate recovery of losses

“Carrying out the shutting down of a blast furnace is expensive,” the analysts wrote

Demand reduction in minimum turnover tax for industry, retailers
to 0.25%

Road constructed under Rs13b project develops cracks

CJP orders government to lay off all employees, and appoint new people if it wants to keep PSM running

Hadeed Pakistan starts production, has capacity of 300,000 tons per annum

Yet another manifestation of time tested and ever-growing Pak-China friendship, says Commodore Humayun

Step taken to compete with cheaper imported coils

Decline comes following US-China trade war

Following K-P parliamentarians' appeal to the prime minister

PM aide meets officials of Chinese and Russian companies to initiate the process

Without clearing Rs206b worth of liabilities, the steel mill may be difficult to revive

Demand growth will decline to 1.3% in 2019 and 1% next year

Profits of steel companies likely to remain depressed due to higher input cost, economic slowdown, rate hike

Recent govt shutdown added to wait that has stretched to eight months without ruling

Its production capacity goes up to 1 million tons per annum

Commerce minister discusses ways to increase country’s exports with LCCI

Imported re-bars will be subject to 19.15% duty in addition to 30% already imposed

PBIF chief stresses formulating long-term policy for protecting investments

Say imposition was supposed to be temporary, is now rendering industry uncompetitive

Lead professors claim it's the strongest soft material ever obtained by human beings

The construction industry continues to grow on the back of increased infrastructure activitie

Outcome would support domestic manufacturers of cold rolled coils

Industry official says price could be increased by Rs2,500-3,000 per ton

Earnings per share (EPS) increased to Rs2.01

The company’s products are in line with all nuclear safety regulations

Announcement comes as part of 6-month financial results in which profit dipped 2%

We have to devise policies to guard against de-industrialisation and promote jobs

Country has imposed anti-dumping duty on Chinese imports as protectionist measure

The battle for control of India's storied Tata Group gets even dirtier as its ousted chairman launches legal action