Tuesday, April 29, 2025
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    Pakistan

    Scrap imports rise in March 2025

    Pakistan's scrap imports reached 280,635 tons in March 2025, marking a YoY increase of 10.82pct, according to data from the Pakistan Bureau of Statistics...

    Finished steel imports surge in Q1 2025

    Pakistan imported 328,497 tons of finished steel in March 2025, a 27.25pct increase YoY from 258,141 tons in March 2024, according to the Pakistan...

    ISL posts steep profit decline in 9M FY25

    International Steels Limited (ISL) of Pakistan reported a significant decline in profitability for the nine months ending March 31, 2024, according to its unaudited...

    LSM sector faces continued contraction in Feb 2025

    Pakistan's Large-Scale Manufacturing (LSM) sector contracted by 3.51pct YoY in February 2025, continuing a downward trend that has persisted since August 2024, with the...

    Steel sector warns against reinstating flawed export scheme

    The Pakistan Association of Large Steel Producers (PALSP) has strongly opposed the Federal Board of Revenue's (FBR) draft SRO 592(1)/2025, which seeks to reinstate...

    Construction sector faces prolonged slowdown despite economic stability – report

    Pakistan's construction sector remains sluggish, weighed down by persistently high steel prices that continue to discourage both public and private development activity, according to...

    PSMA proposes key reforms in federal budget to revitalize steel industry

    The Pakistan Steel Melters Association (PSMA) has submitted its proposals for the Federal Budget 2025-26, aiming to revitalize the domestic steel industry and promote...

    Amreli Steels postpones Karachi plant reopening citing market challenges

    Amreli Steels Limited has extended the temporary suspension of operations at its rolling mill plant in Karachi's S.I.T.E. area for another six months due...

    Scrap imports decline in Feb 2025

    Pakistan's scrap imports fell by 6.74pct YoY in February 2025, totaling 238,043 tons, according to the Pakistan Bureau of Statistics (PBS). However, on a monthly...

    Finished steel imports surge in Feb 2025

    Pakistan's finished steel imports saw a sharp increase in February 2025, reaching 326,859 tons, a 70.7pct YoY rise from 191,481 tons in February 2024,...

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