Business

Saqib Naseem, Central Chairman Pakistan Yarn Merchants Association (PYMA), while expressing deep concern over rumours circulating about lobbying for imposition of regulatory duty on imported…

Provincial Minister for Industries & Commerce and Cooperative Department Jam Ikramullah Dharejo has said that due to the incompetence of the federal government, the industrialists of…

The Pakistan Association for Large Steel Producers (PALSP), in a press release issued on December 6, 2021, has decried that the cost-push inflation measures taken by the government will…

According to the provisional figures compiled by the Pakistan Bureau of Statistics, Imports into Pakistan during October 2021 amounted to $ 6,386 million (provisional) as compared to $ 6,563…

Starting from 2022, the rates of export customs duties on scrap and waste of ferrous metals will change in Russia. The decision was approved by the Chairman of the Government Mikhail…

Shipbreakers in Pakistan have remained active over the last week, amid material shortages and restocking needs from domestic buyers. The sale of a 4,074.10 LDT tanker “QUEEN EMATHA”, came to…

The rupee lost 48 paisas (0.27%) to close at Rs175.46 against the greenback in the inter-bank market on Friday, November 26, 2021, according to data released by the State Bank of Pakistan…

After all fall in Japanese export scrap prices last week, sellers have diverted their focus on local sales where domestic steel mills are competitively paying higher prices. Market prices in…

Domestic scrap prices in Pakistan have rebounded after a dip last week with seller’s offers firm despite slow buying momentum. There were initially worries that scrap prices in the local…

The shortage of tonnage, and continued high demand from the recyclers across South Asian demolition yards adds up to a promising market, that looks set to continue till the end of the year…