Search Results for: Pakistani

Pakistan’s shipbreaking industry has started talks with the Pakistani government over how it can comply with the International Maritime Organisation’s (IMO) Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships, whose rules come into force in 2015. The chairman of the Pakistan Ship Breakers Association has told Steel First that he has met with officials to discuss measures for implementing the treaty: “We are ready to take steps to protect and promote the ship breaking industry,” declared Deewan Rizwan Farooqui.…

BY MICHAEL STEIN, IN PRAGUE; AND RAHIMULLAH YUSUFZAI, IN PESHAWAR

Senior government officials in the Pakistan province of Sindh have told Steel First they are keenly awaiting the promised launch of a Czecho-Pakistani project to build a CZK6.1 billion (USD320 million) private steelworks facility in Pakistan.…

BY RAGHAVENDRA VERMA, IN NEW DELHI

GYPSUM producers and users have been key beneficiaries of the slow liberalisation of trade controls between India and Pakistan, Industrial Minerals can report. The Wagah border post linking the Indian state and Pakistani province of Punjab – a region divided in 1947 when Indian and Pakistan became independent, now processes a roaring trade in Pakistani gypsum.…

BY CARMEN PAUN, IN BRUSSELS

THE EUROPEAN textiles industry has expressed concern about the potential impact of an EU decision, approved Thursday by the European Parliament, to waive import fees for textiles from Pakistan.

"This measure will not help the population in need…and will have an impact on the EU textile industry and especially on the cotton one," said Luisa Santos, head of international trade at the EU’s textile association, Euratex.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Steel First has been told by Pakistan Steel Mills (PSM) Chief Executive Officer Major General Mohammad Javed that there are no plans to sell off the ailing state-owned industrial giant, backing up recent comments from Prime Minister Raja Pervez Ashraf.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Pakistan Steel Mills (PSM) has added its voice to growing demands that the Pakistani government combats duty evasion by importers of Chinese-made boron added alloy wire rod, which is being imported illicitly as non-alloy carbon wire rod.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

The Pakistan government is considering a demand from ailing state-owned Pakistan Steel Mills (PSM) to exempt local iron ore from a 16% sales tax, ban its export or impose an export duty on its sale abroad.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Retired Major General Mohammad Javed, chief executive officer of Pakistan Steel Mills (PSM), has said a memorandum of understanding (MoU) between the governments of Pakistan and Russia where Moscow would help PSM’s expand production capacity from 1.1 million to 1.5 million tonnes per annum.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Karachi joint venture Aisha Steel Mills, Karachi, is planning to increase annual production of cold rolling coil (CRC) to 450,000 tonnes per annum in the next three years from an existing 220,000 tonnes, following a successful share sale.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Pakistan’s steel sector has welcomed the relief offered by its government through reducing the sales tax paid on electricity used to produce steel billets, ingots and mild steel products. Irshad Mowjee, owner of a steel re-rolling mill in Karachi, said the decision would help curtail the cost of production and benefit both steel-makers and consumers.…