Sunday, October 26, 2025
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    Pakistan

    Pakistan unveils USD 13bln plan to revive PSM

    Pakistan's Ministry of Maritime Affairs has announced a USD 13 bln savings plan aimed at reviving the long-dormant Pakistan Steel Mills (PSM) through the...

    PACRA maintains Mughal Steel ratings with positive outlook on cost efficiency

    The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Mughal Iron & Steel Industries Limited (Mughal Steel), citing the company's...

    Amreli Steels executes restructuring deal to strengthen liquidity and operations

    Amreli Steels Limited announced that it has signed and executed the Master Restructuring Agreement (MRA) along with allied documents and agreements with a consortium...

    Beco Steel to expand into rebar production

    Pakistan's Beco Steel Limited has announced plans to diversify into rebar production, according to a filing with the stock exchange. The company will install a...

    CCP fines Aisha Steel and ISL for cartelization

    The Competition Commission of Pakistan (CCP) has imposed financial penalties exceeding PKR 1.56 bln (USD 5.5 mln) on Aisha Steel Mills Limited (ASML) and...

    Amreli Steels approves equity injection from sponsor amid restructuring

    Amreli Steels Limited's board has approved the direct issuance of up to 40 mln ordinary shares at PKR 25 each, raising PKR 1 bln...

    Canada starts review on AD tariffs for welded pipe imports from Turkey and Pakistan

    Turkish and Pakistani pipe producers are facing an administrative review by the Canada Border Services Agency (CBSA) on welded pipe imports. The review will reassess...

    Agha Steel board approves debt restructuring framework

    Agha Steel Industries' Board of Directors has approved the restructuring of finance facilities worth PKR 23.2 bln (USD 82 mln) with banks and financial...

    DSL secures court-backed debt settlement, eyes revival with melting plant

    Pakistani rebar producer Dost Steels Limited (DSL) has signed a settlement agreement with its syndicate of banks to resolve outstanding liabilities of PKR 2.08...

    Beco Steel in talks for USD 22 mln export order

    Beco Steel said it is in advanced discussions with an international client for an export order worth USD 22 mln for the coming financial...

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