Relief, flood reconstruction spur steel revival

After years of subdued activity and margin pressures, Pakistan’s long-steel sector is expected to stage a gradual recovery from FY26 onwards, buoyed by government relief measures, federal spending on infrastructure, lower raw material duties and, to some extent, reconstruction-led demand in the wake of devastating floods. However, this recovery is not export-led or efficiency-driven. Instead […]

Afghanistan conundrum

The Taliban takeover of Kabul on 15 August 2021 was met with a mix of high excitement and cautious skepticism in Pakistan. Country’s political and security establishment considered it as an opportunity to secure Pakistan’s western borders, hoping that the Taliban regime will address its two longstanding core concerns – rolling back Indian influence; and […]