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The Pakistan Steel Mills Corporation, [2] [3] colloquially referred to as Pak Steel, is a Pakistani state-owned company that produces long-rolled steel and heavy metal products in the country. [ 4 ] Headquartered in Karachi , Sindh , the PSMC is currently the largest industrial mega-corporation in Pakistan, having a production capacity of 1.1 ...
Mughal Iron & Steel Industries, commonly known as Mughal Steel (Urdu: مغل اسٹیل), is a Pakistani steel company which manufactures steel products and is based in Lahore. [ 2 ] [ 3 ] [ 4 ] History
By 1971, it was Pakistan's largest steel industry starting to make presence in steel industry in Pakistan. [5] In 1972, Prime Minister Zulfikar Ali Bhutto nationalized the steel industry, including the Ittefaq family business empire, as it was the biggest profit making industry for Pakistan 3— Ittefaq Group.
Ittefaq Iron Industries; M. Mughal Steel; P. Pakistan Steel Mills; T. Tuwairqi Steel Mills This page was last edited on 14 January 2024, at 14:42 ...
Iron ore is found in various regions of Pakistan including Nokundi, Chiniot, Kalabagh the largest one, Haripur and other northern areas. [3] In February 2015, reserves were found in Chiniot, around 160 kilometres northwest of Lahore, by a Chinese group, the Metallurgical Cooperation of China. A senior provincial administrative official told AFP ...
A year later, Alshafi Steel merged with Ittefaq Sons, forming Ittefaq Iron Industries Limited in 2009. [1] [5] In 2017, Ittefaq Iron Industries raised Rs. 1.26 billion through initial public offering at a strike price of Rs. 30.2 and became a listed company on the Pakistan Stock Exchange. [6] [7]
Pakistan’s law minister says he expects a tougher armed response in the event of any repeat of political violence in the country, accusing followers of former Prime Minister Imran Khan of ...
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]