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steel industry

PALSP says steel industry in midst of ‘unprecedented’ crisis

ISLAMABAD: Pakistan’s steel industry, a critical pillar of the country’s economy, is in the midst of an...

Published 22 Nov, 2024 03:03am

Opinion

Struggle for steel continues

Steel is the basic building block of development. It was due to the influential import lobbies that Pakistan lagged...

Published 05 Sep, 2024 06:19am

GST relief on scrap: Steel industry urges FBR to implement policy decision

ISLAMABAD: The documented steel industry has asked the Federal Board of Revenue (FBR) to implement policy decision...

Updated 03 Sep, 2024 08:58am

Business & Finance

Steel industry: govt urged to revisit agreements with IPPs

ISLAMABAD: Exorbitant power tariffs and imposition of unjustified high-capacity charges have badly affected the ...

Published 01 Aug, 2024 07:27am

Business & Finance

PALSP greets govt steps to revive steel industry

ISLAMABAD: The measures taken by the government in budget 2024-25 especially gradual reduction in tax exemptions...

Published 16 Jun, 2024 02:40am

Aurangzeb vows support to steel industry

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the government is committed to supporting the local...

Updated 31 May, 2024 09:17am

Business & Finance

Levying turnover tax: steel industry demands a non-discriminatory approach

ISLAMABAD: Tax experts and representatives of steel industry have stressed for an end to discrimination in the levy...

Published 22 May, 2024 05:54am

Business & Finance

PALSP urges govt to stop steel smuggling during Eid holidays

ISLAMABAD: The Steel industry appeals the govt to take pre-emptive measures to block smuggling of steel from Iran...

Updated 01 Apr, 2024 08:46am

Business & Finance

PALSP spells out reasons behind steel industry’s woes

ISLAMABAD: Pakistan Association of Large Steel Producers has raised alarms over the resumption of large-scale...

Published 22 Mar, 2024 04:57am

Large steel sector’s value chain: EDB to furnish report on energy costs in coordination with ministries

ISLAMABAD: The country’s steel industry has backed out from its demand of creation of “distinct category” regarding...

Updated 28 Feb, 2024 08:56am

Steel industry: PM orders FBR to resolve issues on priority basis

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of...

Updated 16 Feb, 2024 09:20am

Rescheduling loans: PALSP told to talk with SBP, Finance Division

ISLAMABAD: An Inter-Ministerial Meeting has asked Pakistan Association of Large Steel Producers (PALSP) to take up...

Updated 15 Feb, 2024 08:43am

Idea of establishment of ‘industrial’ park on PSM land under CPEC hailed

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday said that the best option is to revive the...

Updated 01 Jan, 2024 09:08am

Business & Finance

FF Steel gets Public Limited Company status

PESHAWAR: FF Steel (Frontier Foundry Steel (Pvt) Ltd), the largest unlisted steel manufacturing company in Pakistan,...

Published 21 Oct, 2023 06:05am

Planned PSMC sell-off: PC asked to scrap bidding process

Secretary Industries and Production and Secretary Privatisation have been directed that further alienation of PSMC land be stopped forthwith

Updated 18 Oct, 2023 09:55am

Business & Finance

Karachi-based steel industry says stuck in legal struggle

ISLAMABAD: The inordinate delay in decision-making is fatal for Karachi-based industry which is suffering a lot due...

Published 04 Oct, 2023 06:20am

Markets

Energy tariff hike triggers significant steel price surge: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) issues a grave warning to the nation as the...

Published 26 Sep, 2023 06:33am

Business & Finance

FY23: Amreli Steels posts loss of Rs678.4mn amid drop in sales, higher finance cost

Amreli Steels Limited sustained losses to the tune of Rs678.44 million amid drop in sales and high cost of finance...

Updated 08 Sep, 2023 06:38pm

Business & Finance

Exporters of copper ingots facing problems

ISLAMABAD: The exporters of copper ingots to China are facing problems due to indecision on the part of FBR in...

Published 08 Sep, 2023 06:01am

B4 industrial consumers: PALSP urges Nepra to facilitate renewable energy integration into grid

ISLAMABAD: Pakistan Association of Large Steel Producers has asked NEPRA to facilitate renewable energy integration...

Updated 22 Aug, 2023 08:42am

Business & Finance

Iran, Afghanistan: PM urged to help stop steel smuggling into Pakistan

ISLAMABAD: The documented steel industry has approached Prime Minister Shehbaz Sharif to immediately intervene to...

Published 18 Apr, 2023 06:21am

Business & Finance

Documented steel sector: PM urged to ‘rationalise’ turnover tax rate

ISLAMABAD: The documented steel sector has strongly recommended Prime Minister Shehbaz Sharif to rationalise ...

Published 05 Apr, 2023 06:16am

Business & Finance

Steel industry: FBR asked to introduce interim tax relief measures

ISLAMABAD: The steel industry has asked the Federal Board of Revenue (FBR) to urgently introduce interim tax relief...

Published 21 Mar, 2023 07:29am

LCs: govt likely to give steel sector big relief

ISLAMABAD: The government is likely to give top priority to the steel sector products by allowing opening of the...

Updated 13 Mar, 2023 09:11am

Business & Finance

Scrap shortage crisis compounding: PALSP

ISLAMABAD: Due to lack of letters of credits (LCs) being opened, the domestic scrap shortage crisis is compounding...

Published 08 Mar, 2023 06:20am

Steel industry concerned at interest rate hike

ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability...

Updated 03 Mar, 2023 09:01am

Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs

Business & Finance

LCs: steel sector says facing dire situation

ISLAMABAD: The steel industry is facing a critical situation as the State Bank of Pakistan (SBP) is still not...

Updated 31 Jan, 2023 08:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.06
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.31
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.00
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.25
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.52
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.14
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.53
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.10

Markets →

Budget 2024-25: income tax calculator for FY25

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