04
Nov
09:27
Mughal Steel plans further investments after September quarter sales surge
Mughal Steel plans to continue investment into expansion and modernisation of its plants. The Pakistani steelmaker is executing orders it received during the quarter through September, which include the supply of product for the Orange Line Project and Sahiwal Coal Power Project.
In the September quarter Mughal recorded a 136% on-year surge in net sales to PKR 4.03 billion ($38.27 million), while profit after tax rose 69% to PKR 220.86m. Sales were boosted by an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous