Mughal Steel | |
Type: | Public |
Traded As: | KSE 100 component |
Area Served: | Pakistan |
Industry: | Steel |
Location: | Lahore, Pakistan |
Revenue Year: | 2023 |
Income Year: | 2023 |
Net Income Year: | 2023 |
Assets Year: | 2023 |
Equity Year: | 2023 |
Num Employees: | 2,250 |
Num Employees Year: | 2023 |
Footnotes: | Financials [1] |
Mughal Iron & Steel Industries, commonly known as Mughal Steel (ur|مغل اسٹیل), is a Pakistani steel company which manufactures steel products and is based in Lahore.[2] [3] [4]
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]