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Thursday, July 9, 2026

Pakistan

SECP introduces measures to speed up incorporation of steel firms

Pakistan's Securities and Exchange Commission (SECP) has introduced special facilitation measures to accelerate the conversion of steel sector Associations of Persons (AOPs) into registered...

Amreli Steels extends Karachi rolling mill shutdown for another year

Amreli Steels Limited has extended the suspension of operations at its S.I.T.E. rolling mill in Karachi for a further one year, citing continued weak...

Steel scrap imports decline in May

Pakistan imported 239,758 tons of steel scrap in May 2026, down by more than 25pct compared with 320,937 tons imported in the same month...

Finished steel imports fall in May

Pakistan imported 233,954 tons of finished steel products in May 2026, down 33.3pct compared with the same month last year, according to data from...

PSMA seeks tax, power tariff reforms in FY27 budget

Pakistan's Steel Melters Association (PSMA) has called on the government to abolish withholding tax on local scrap purchases and rationalize electricity tariffs in the...

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