20
Oct
10:45
Mughal expects to complete capacity expansion by mid-2018
Mughal Steel expects to commission its new rebar mill and complete the trebling of its power-generation capacity by mid-2018. The Pakistani long steelmaker expects production and sales to rise thereafter, although exports will remain low.
In the fiscal year through June (FY16-17) Mughal recorded a 16.6% on-year growth in billet output to 116,207 tonnes, while a further 19,279t was outsourced to contract producers. Finished product output fell -1.6% to 241,773t a…
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Anonymous
Very good overview of the weekly steel market.
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