Tue, 21-Oct-2025

Steel manufacturers call for urgent steps as production plummets to 30 per cent

Steel

KARACHI: The Pakistan Association of Large Steel Producers (PALSP) is sounding an alarm and calling on the State Bank of Pakistan (SBP) to take immediate action to open letters of credit (LCs) and address the severe shortage of rebars in the domestic market. The situation has reached a critical level, with imports for the first … Read more

Steel producers reject Abad’s irresponsible statements

Abad rejects exorbitant hike in steel prices

LAHORE: The Pakistan Association of Large Steel Producers (PALSP) has rejected the irresponsible statements made by the Association of Builders and Developers (Abad) against the steel sector, dubbing increase in the prices of rebars in the country as a conspiracy against the prime minister’s Naya Pakistan Housing project. The Naya Pakistan Housing Scheme and the … Read more