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It was started in 1950 as Mughal Traders imported Iron and steel products. [4] In 2008, Mughal acquired the plant and machinery of Al-Bashir Steel Industries. [6] In 2010, Mughal was incorporated as Mughal Iron & Steel Industries Limited. [6] In 2015, Mughal was listed on the Karachi Stock Exchange, following an initial public offering at a ...
Mughal Steel; P. Pakistan Steel Mills; T. Tuwairqi Steel Mills This page was last edited on 14 January 2024, at 14:42 (UTC). Text is available under the Creative ...
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 ...
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]
Avanceon Limited is a Pakistani technology company headquartered in Lahore. Avanceon subsidiaries include Avanceon FZE Dubai, [ 2 ] Avanceon Automation & Control W.L.L Qatar, [ 3 ] Octopus Digital, [ 4 ] and Avanceon Saudi for Energy Co. WLL.
International Steels was founded by Amir Sultan Chinoy in 2007 as a joint-venture between International Industries Limited, Sumitomo Corporation, and JFE Steel. [6] [3] Its plant was commissioned in 2010 at a cost of $162 million and it had a capacity to produce 280,000 tons per annum of cold rolled coil from hot rolled coil, including 150,000 tons per annum of galvanized steel. [7]
Per capita GNP growth rate from 1985 to 1995 was only 1.2 percent per annum, substantially lower than India (3.2), Bangladesh (2.1), and Sri Lanka (2.6). [2] The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959.
Lahore, along with Delhi, was the most important center of production of military equipment of Mughal empire. [20] In 1757, when the Subah of Lahore came temporarily under control of Ahmed Shah Abdali, the Zamzama cannon was ordered to be cast by Shah Nazir, a metalsmith of the former Mughal viceroy of the Lahore Subah, Moin-ul-Mulk. [21]