Mughal Steel

Mughal Iron & Steel Industries, commonly known as Mughal Steel, is a Pakistani steel company which manufactures steel products and is based in Lahore.[2][3][4]

History

Mughal Steel was formed in the early 1950 as Mughal Traders. The entity then imported Iron and steel products for local consumption.[5] 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 strike price of PKR 34.[6][7]

References

  1. Mughal Steels Annual Report 2025 retrieved 9 October 2025^
  2. Mughal Steel to invest Rs1 billion for expansion The Express Tribune, 28 February 2017, retrieved 12 May 2020^
  3. Mughal Steel posts Rs991mln in profit The News International, 19 September 2017, retrieved 12 May 2020^
  4. Mughal Steel www.mughalsteel.com^
  5. Mughal Steel^
  6. Mughal Iron and Steel Industries Business Recorder, 30 March 2016, retrieved 12 May 2020^
  7. View from McLeod Road: Why the market is excited about the Mughal Steel IPO The Express Tribune, 8 March 2015^