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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 ...
Pakistan and its two largest city economies. Source: [1] As of 2019, Lahore had an estimated GDP of $84 billion. [2] [3] As of 2008, the city's gross domestic product (GDP) by purchasing power parity (PPP) was estimated at $40 billion (projected to be $102 billion by the year 2025, with a slightly higher growth rate of 5.6% per annum, as compared to Karachi's 5.5%).
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]
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.
The Lahori Gate, also known as Lohari Gate, is one of the 13 gates located within the Walled City of Lahore, Punjab, Pakistan. [1] Lahori Gate or Lohari gate is one of the oldest gates of the old city. According to some historians, the old city of Lahore was originally located near Ichhra, and this gate opened towards that side.