Mughal steel proposes improvement & expansion worth Rs1b

Mughal Iron and Steel Industries Limited has announced to invest Rs1 billion to improve and expand steel re-rolling process, billets and in-house power generation capacity, subject to board and banks’ approvals, reported a national daily. Company secretary Muhammad Fahad Hafeez informed that the board of directors has resolved to conduct BMR (Balancing, Modernization and Replacement) Read More