Mughal Steel
| Company type | Public |
|---|---|
| PSX: MUGHAL KSE 100 component | |
| Industry | Steel |
| Founded | 1950 |
| Headquarters | Lahore, Pakistan |
Area served | Pakistan |
Key people | Mirza Javed Iqbal (Chairman) Khurram Javaid (CEO) |
| Revenue | Rs. 89.413 billion (US$320 million) (2025) |
| Rs. 7.080 billion (US$25 million) (2025) | |
| Rs. 965.518 million (US$3.5 million) (2025) | |
| Total assets | Rs. 67.962 billion (US$240 million) (2025) |
| Total equity | Rs. 28.819 billion (US$100 million) (2025) |
Number of employees | 2,080 (2025) |
| Website | mughalsteel |
| Footnotes / references Financials as of 30 June 2025 [1] | |
Mughal Iron & Steel Industries, commonly known as Mughal Steel (Urdu: مغل اسٹیل), 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
- ^ "Mughal Steels Annual Report 2025" (PDF). Retrieved 9 October 2025.
- ^ "Mughal Steel to invest Rs1 billion for expansion". The Express Tribune. 28 February 2017. Retrieved 12 May 2020.
- ^ "Mughal Steel posts Rs991mln in profit". The News International. 19 September 2017. Retrieved 12 May 2020.
- ^ a b "Mughal Steel". www.mughalsteel.com.
- ^ "Mughal Steel".
- ^ a b c "Mughal Iron and Steel Industries". Business Recorder. 30 March 2016. Retrieved 12 May 2020.
- ^ "View from McLeod Road: Why the market is excited about the Mughal Steel IPO". The Express Tribune. 8 March 2015.