Aisha Steel returns to profit in FY26 on higher sales
Pakistan's Aisha Steel Mills returned to profitability in FY26, reporting a net profit of PKR 981.1 mln (USD 3.6 mln), compared with a net...
FF Steel launches IPO process
Pakistan's Frontier Foundry Steel Limited (FF Steel) has formally launched its Initial Public Offering (IPO) process, marking the company's planned debut on the Pakistan...
Govt introduces electricity-linked sales tax mechanism for steel sector
The Pakistani government has introduced a new mechanism for collecting sales tax from electricity-based steel melters, re-rollers and composite units, linking tax payments directly...
Steel producers seek lower sales tax for compliant mills
Pakistan's Pakistan Association of Large Steel Producers (PALSP) has urged the Federal Board of Revenue (FBR) to introduce a lower sales tax rate for...
Gadani revives ship recycling operations
Ship recycling operations have resumed at Pakistan's Gadani Ship Breaking Yard after an eight-year suspension, with seven vessels arriving for dismantling, according to local...
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