Thursday, September 11, 2025
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    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...

    Beco Steel to install solar power system at Lahore plant

    Pakistan's Beco Steel Limited has signed an agreement with a renewable energy solutions provider to install a 2-megawatt (MW) solar power generation system at...

    Scrap imports climb 14pct in July 2025 YoY

    Pakistan's steel scrap imports rose nearly 14pct YoY in July 2025, reaching 311,888 tons compared with 273,994 tons a year earlier, according to Pakistan...

    Finished steel imports surge in July

    Pakistan's finished steel imports rose nearly 33pct YoY in July 2025, reaching 343,257 tons compared with 258,419 tons in July 2024, according to Pakistan...

    IIL’s profit drops sharply in FY25

    Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a steep decline in earnings for the fiscal year ended June 30, 2025. Net profit fell...

    ISL reports steep fall in FY25 earnings

    International Steels Limited (ISL), Pakistan's leading flat steel producer, reported a significant drop in earnings for the financial year ended June 30, 2025. The company's...

    Mughal Steel advances hybrid power plant project

    Mughal Iron & Steel's subsidiary, Mughal Energy, has completed the hydro testing phase for its 36.50 MW hybrid power plant, marking a significant step...

    NTC proposes duty exemption on scrap imports

    Pakistan's National Tariff Commission (NTC) has recommended cutting import duties on steelmaking raw materials, including scrap, to zero, aiming to secure uninterrupted supply and...

    Crescent Steel swings to loss in FY25

    Pakistan's Crescent Steel and Allied Products Limited posted a net loss of PKR 43.4 mln (USD 0.15 mln) for the fiscal year ending June...

    Finished steel imports drop sharply in June 2025

    Pakistan's finished steel imports fell by 32.2pct YoY in June 2025, according to data from the Pakistan Bureau of Statistics (PBS). The country imported 178,520...
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