Sunday, November 9, 2025
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Pakistan

Beco Steel begins supplying steel for power transmission projects

Beco Steel Limited has started supplying steel angles for electric transmission poles and related infrastructure to Pakistan's Water and Power Development Authority (WAPDA) and...

Mughal Steel swings to profit in Jul-Sep 2025 on improved margins

Pakistan's Mughal Iron and Steel Industries Limited (Mughal Steel) posted a consolidated profit of PKR 925.7 mln (USD 3.27 mln) for the quarter ended...

CCP calls for national policy to strengthen domestic steel sector

The Competition Commission of Pakistan (CCP) has released its Competition Assessment Study of the Steel Sector, highlighting structural and policy challenges that undermine competitiveness...

Amreli Steels trims quarterly loss by 20pct in Q1 FY26 YoY

Amreli Steels, one of Pakistan's leading steel producers, reported a 20pct YoY reduction in losses for Q1 FY26 ended September 30, 2025, posting a...

Amreli Steels prolongs rolling mill shutdown in Karachi as industry woes persist

Amreli Steels Limited has extended the suspension of operations at its Karachi S.I.T.E. rolling mill for another six months, citing ongoing operational and economic...

ISL’s net profit surges on strong sales in Q1 FY26

International Steels Limited (ISL), Pakistan's leading flat steel producer, reported strong financial results for the first quarter of FY26, ending September 30, 2025. The company's...

Scrap imports rise in September 2025

Pakistan imported 359,759 tons of steel scrap in September 2025, up 30pct YoY from 276,486 tons in the same month last year, according to...

Finished steel imports climb 31pct in Sept 2025 YoY

Pakistan imported 365,171 tons of finished steel products in September 2025, marking a 31pct YoY increase, according to data from the Pakistan Bureau of...

Agha Steel narrows quarterly loss amid cost-cutting measures

Pakistan's Agha Steel Industries Limited posted a net loss of PKR 1.16 bln (USD 4.1 mln) for Q1 FY26 ended September 30, 2025, an...

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...

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