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Sunday, August 23, 2026

Pakistan

ISL posts strong profit growth in 9M FY26

Pakistan's International Steels Limited (ISL) reported a sharp improvement in profitability in the nine months ended March 2026, supported by higher steel sales, improved...

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...

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