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...
Scrap imports surge in June
Pakistan imported 323,896 tons of steel scrap in June 2026, up nearly 65pct from 196,424 tons in the corresponding month last year, according to...
Finished steel imports jump in June
Pakistan imported 389,370 tons of finished steel products in June 2026, more than doubling from 187,456 tons in the corresponding month last year, according...
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