Friday, October 10, 2025
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    Pakistan

    CCP fines Aisha Steel and ISL for cartelization

    The Competition Commission of Pakistan (CCP) has imposed financial penalties exceeding PKR 1.56 bln (USD 5.5 mln) on Aisha Steel Mills Limited (ASML) and...

    Amreli Steels approves equity injection from sponsor amid restructuring

    Amreli Steels Limited's board has approved the direct issuance of up to 40 mln ordinary shares at PKR 25 each, raising PKR 1 bln...

    Canada starts review on AD tariffs for welded pipe imports from Turkey and Pakistan

    Turkish and Pakistani pipe producers are facing an administrative review by the Canada Border Services Agency (CBSA) on welded pipe imports. The review will reassess...

    Agha Steel board approves debt restructuring framework

    Agha Steel Industries' Board of Directors has approved the restructuring of finance facilities worth PKR 23.2 bln (USD 82 mln) with banks and financial...

    DSL secures court-backed debt settlement, eyes revival with melting plant

    Pakistani rebar producer Dost Steels Limited (DSL) has signed a settlement agreement with its syndicate of banks to resolve outstanding liabilities of PKR 2.08...

    Beco Steel in talks for USD 22 mln export order

    Beco Steel said it is in advanced discussions with an international client for an export order worth USD 22 mln for the coming financial...

    Amreli Steels cuts losses in FY25

    Amreli Steels, one of Pakistan's leading steelmakers, reported a 37pct YoY reduction in losses for the fiscal year ending June 30, 2025. The company...

    Scrap imports rise nearly 10pct in August 2025 YoY

    Pakistan imported 312,175 tons of steel scrap in August 2025, up 9.83pct YoY from 284,223 tons in the same month last year, according to...

    Finished steel imports surge in August

    Pakistan imported 370,482 tons of finished steel in August 2025, more than double the 173,876 tons recorded in the same month last year, Pakistan...

    Aisha Steel’s losses deepen in FY25 on lower sales

    Pakistan's Aisha Steel Limited reported a sharp widening of losses in fiscal year 2025, ending June 30, with net losses rising to PKR 1.35...
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