HOLLYWOOD: Supergirl has been rumoured for a potential cameo in Man of Steel. A preview of the Warner Bros film's prequel comic has revealed that Superman's cousin Kara Zor-El exists in the film's continuity. The comic, which was penned by Man of Steel writer David S Goyer, will be available as a ...

Islamabad - Prime Minister Mir Hazar Khan Khoso has said that the caretaker government has taken measures to rehabilitate Pakistan Steel Mills (PSM) so that it can contribute to the economic development of the country. These observations were made by the Prime Minister during a meeting held at ...

NEW YORK: A US designer has created ice cubes that will never water down or change the taste of a drink - because they are made from stainless steel. Dave Laituri, from Wayland in Massachusetts, came up with the idea for people who prefer their drinks on the rocks but don’t want extra water ...

KARACHI (PR) - A representative of Pakistan Steel has referred to a news items published in various newspapers and stated that the land in question was declared by the honourable court in its order dated November 10, 2012 as the property of Pakistan Steel. This has been further confirmed by the ...

LAHORE - Senator Pervaiz Rashid and Provincial Law Minister Rana Sanaullah have said that discriminatory attitude is being meted out to the steel mills of Punjab regarding provision of electricity due to which not only a large number of steel mills are being closed but thousands of labourers are ...

The Supreme Court of Pakistan (SC) heard the Bank of Punjab (BoP) scam case and criticized the performance of National Accountability Bureau (NAB) in recovering the amount from the owners of Haris Steel Mills.A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry heard the case on ...

ISLAMABAD - On the demand of Steel Melters Association of Pakistan, Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Sheikh on Thursday directed the Federal Board of Revenue (FBR) to revise sales tax on electricity for steel mills to 7 per cent against the proposed 8 per cent in ...

Capt Farrukh MunirPakistan Steel is that one and only steel making organization whose foundation stone was laid in December, 1973. Consisting of a number of interdependent plants Pakistan Steel commenced production in 1985. Ever since it was set up Pakistan Steel has seen many highs and lows. Its ...

OUR STAFF REPORTER ISLAMABAD The Federal Board of Revenue has allowed special exemption to growers of agricultural produce, incidental expenses of oil tankers and purchase of steel scrap by steel melters. According to a circular issued here on Monday, the Clause (12) of Part-lV of Second Schedule ...

A builder, who suffered a fall on a construction site, is lucky to be alive after a steel bar penetrated his jaw and bedded 15 centimetres into his skull. Wu Moude had been working on the construction site, in Quanzhou, southern Chinas Fujian Province, for just two months when the accident ...

LAHORE (PR) - In reference to the press conference held by Sheikh Haris Afzal, who is one of the main accused in Banks largest loan-fraud case of Haris Steel and its group concerns, The Bank of Punjab, (BoP) wishes to clarify: 1. Allegation against the officials of BoP or any other functionary ...

KARACHI The federal anti-corruption court on Tuesday rejected a bail plea of former Pakistan Steel Mills chairman Moin Aftab, one of the main accused in the corruption case who caused a loss of Rs 22 billion to the Mills. The court refused the plea after hearing final arguments from both the ...

LAHORE - A delegation led by Chairman of the Management Board of Business Area Plant Technology of ThyssenKrupp and Manager of major CSA Steel Mill Project in Brazil Dr. Niclas Muller called on Punjab Chief Minister Muhammad Shahbaz Sharif at Chief Ministers Secretariat here on Wednesday. Vice ...

ISLAMABAD (APP) - Some 4,732 contract workers of the Pakistan Steels Mills (PSM) have been regularised, said Minister for Industries and Production Mir Hazar Khan Bijarani. He said a bailout package of Rs 20 billion was being prepared for the ailing mills. The package would once again prop up the ...

BRUSSELS (AFP) - The European Union on Thursday opened a probe into allegations of unfair Indian subsidies to its stainless steel makers, amid claims that they are hitting European producers. The European Commission proceedings, announced in the blocs official journal, will look at whether Indian ...

KARACHI - Tuwairqi Steel Mills Limited (TSML), the country-arm of Saudi Arabias largest private-sector steel producer Al Tuwairqi Holding in Pakistan, has signed a contract with KESC, for adding 14MW of electricity to the power utilitys network. The signing ceremony was held at KESC Head ...

WASHINGTON (AFP) - The United States launched a probe Wednesday to consider slapping almost 100 percent tariffs on imported steel pipes from China in a move that could widen a trade spat between the two key powers. Washington has decided to initiate antidumping and countervailing duty ...

KARACHI - The inefficiency and inept handling of the situation has been playing havoc with the great national asset - Pakistan Steel Mills (PSM) - as one of its two Coke Oven Batteries (COB) has not been repaired even after a lapse of five months, The Nation learnt Wednesday. The COB-2 has resumed ...

KARACHI - The Pakistan Steel Mills (PSM) will get its first vessel of iron ore (raw material) on July 27 (tomorrow) which has been arriving from Iran and India, while the influential steel dealers and suppliers in the country have stopped 'price adjustment that had to be made on July 20. The ...

KARACHI - The government has increased the withholding tax on the import of steel from 2 per cent to 4 per cent. This will increase the cost of production for the importers up to Rs 1000 per metric ton, The Nation learnt from sources. This increased cost of production will be passed on to the ...

KARACHI - Director Commercial, Pakistan Steel Mills (PSM), Sameen Asghar is facing inquiries before Competition Commission of Pakistan (CCP) and Ministry of Production for his alleged involvement in the sale of scrap at throw-away price. Now, he has been transferred back from PSM to Ministry of ...

KARACHI - The chairman of Pakistan Steel Mills, who is in Islamabad these days, has demanded Rs10 billion grant for the expansion of the PSM. The National Bank of Pakistan is expected to finance the project, The Nation learnt from sources. It is to be noted here that the decision of expansion of ...

KARACHI - The sale of mild steel has decreased up to 50 per cent in the last three months as the construction industry is facing hard times, The Nation has learnt. It was leant that the selling price of mild steel, which reached up to Rs 80,000 per metric ton last year, had now decreased to 45,000 ...

KARACHI - Pakistan Steel Mills (PSM) is the largest public sector tax payer to the government. The Pakistan Steel Mills pays more than Rs 8 billion worth taxes to the federal government. The PSM contributes annually Rs 6.6 billion as Sales Tax, Rs 860m as Income Tax and Rs 570m as Excise/custom ...

KARACHI - About five thousand junior officers of Pakistan Steel have sent postcards to Prime Minister Yousaf Raza Gilani, requesting him to remove impediments in resolving their problems, The Nation learnt through sources. According to the source, for this purpose, five thousand junior officers of ...

KARACHI (PPI) - Excluding Pakistan Steel Mills from the list of privatization and its extension is included in the priorities of present government, said Federal Minister for Industry and Production Mian Manzoor Ahmed Watto. Addressing the first general session of Pakistan Steel Peoples Workers ...

LAHORE - Yet another fraud of Rs 331 million committed by Haris Steel Industries has been detected but this time the victim is the NIB Bank, sources privy to the development disclosed on Thursday. Sources further revealed that NIB Bank had formally lodged the complaint in this regard with the ...

KARACHI - Faysal Bank and Meezan Bank jointly have arranged an Islamic finance facility - Sukuk for Amreli Steel in the amount of PKR 1,000 million while other banks participating in the consortium are SAPICO, Pak Kuwait, Bank Al Falah, UBL Ameen, Habib Metro, Soneri Bank, Dawood Islamic, Askari ...

Pakistan Premier Soccer League LAHORE - Three more matches were decided Tuesday in the Pakistan Premier Soccer League 2008. Steel kept their 37th minute penalty-kick goal alive till full time to block KRL's unbeaten run with 1-0 win. PIA came back strongly in second half to draw 1-1 ...

LAHORE - International winger Abdul Rehman put up fine display as Karachi Port Trust (KPT) overpowered Navy 2-1 to notch their third straight win in Pakistan Premier Football League (PPFL) 2008. Meanwhile Pakistan Steel were lucky in 0-0 draw against PIA who missed second half penalty-kick. ...