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    Pakistan

    Govt approves USD 42 mln to modernize Gadani shipbreaking yard

    The Pakistani government has approved approximately USD 42 mln for the redevelopment of the Gadani shipbreaking yard in Balochistan, aiming to transform it into...

    DSL targets vertical integration with new billet facility

    Pakistani rebar manufacturer Dost Steels Limited (DSL) plans to raise PKR 4.45 bln (USD 15.6 mln) through a rights issue to fund the installation...

    Mughal Steel eyes growth with rolling mill upgrades and supportive fiscal policies

    Mughal Iron & Steel expects to complete the modernization of its re-rolling facility by Q1 2026, CEO Shakeel Ahmad announced at a conference hosted...

    LSM sector expands in April despite yearly decline

    Pakistan's large-scale manufacturing (LSM) sector posted a growth of 2.29pct YoY in April 2025, according to data from the Pakistan Bureau of Statistics (PBS)....

    PSMA warns of industry crisis over budget proposals

    The Pakistan Steel Melters Association (PSMA) has expressed deep concern over the 2025-26 Budget and Finance Bill, warning that the proposed reduction of customs...

    Scrap imports grew significantly in Apr 2025

    Pakistan imported 292,630 tons of scrap in April 2025, reflecting a significant YoY increase of nearly 59pct, according to data from the Pakistan Bureau...

    Finished steel import growth accelerates in April

    Pakistan imported 414,209 tons of finished steel in April 2025, a sharp 76pct increase from 235,339 tons in April 2024, according to the Pakistan...

    NTC probes alleged circumvention of AD tariffs on Chinese CR steel imports

    Pakistan's National Tariff Commission (NTC) has launched an investigation into alleged circumvention of anti-dumping duties on cold rolled (CR) steel imports from China. The...

    Steel melters seek incentives in upcoming budget

    The Pakistan Steel Melters Association (PSMA) has renewed its appeal for targeted incentives in the upcoming FY2025-26 budget to revive the struggling steel sector...

    Dost Steels enters debt restructuring deal to revive operations

    Pakistani rebar producer Dost Steels has signed a restructuring agreement with a consortium of banks as part of efforts to stabilise its financial position. The...
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