Amreli Steels, one of Pakistan’s leading steelmakers, reported a 37pct YoY reduction in losses for the fiscal year ending June 30, 2025. The company posted a net loss of PKR 3.81 bln (USD 13.45 mln), compared with PKR 6.1 bln a year earlier.
The company’s sales plunged 59pct YoY to PKR 16 bln (USD 56.5 mln), reflecting weak demand.
Earlier this year, Amreli’s chairman, along with other industry leaders, warned that steel demand, particularly from the construction sector, had dropped sharply amid the country’s economic slowdown. Rising energy tariffs and surging low-cost imports have further strained the domestic industry.
Still, analysts and steel producers remain optimistic about a demand recovery in FY26, driven by higher government spending on infrastructure and reconstruction efforts after the floods.
Amreli Steels maintains an annual production capacity of 600,000 tons for billets and a rebar manufacturing capacity of 605,000 tons per annum.
1 USD / 283.1 PKR
