Mughal Steel

 Mughal Iron & Steel Industries, commonly known as Mughal Steel (مغل اسٹیل), is a Pakistani steel company which manufactures steel products and is based in Lahore.

History
Mughal Steel was formed in the early 1950 as Mughal Traders. The entity then imported Iron and steel products for local consumption. It was started in 1950 as Mughal Traders imported Iron and steel products.

In 2008, Mughal acquired the plant and machinery of Al-Bashir Steel Industries.

In 2010, Mughal was incorporated as Mughal Iron & Steel Industries Limited.

In 2015, Mughal was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 34.

Financial Performance
Mughal Iron and Steel posted profit after tax of Rs 593 million for the fiscal year 2020, which resulted in Rs 2.36 earning per share.