Aisha Steel

Aisha Steel
Industry Steel
Founder 2005[1]
Headquarters Karachi, Pakistan[1]
Area served
Pakistan
Products Cold rolled steel coils and sheets[1]
Number of employees
369[1]
Parent Arif Habib Group
Website www.aishasteel.com

Aisha Steel is a Pakistani company which manufactures steel products. It is based in Karachi, Pakistan. It is owned by Arif Habib Group.[2][1]

It is located at Bin Qasim, Karachi and produces at a capacity of 220,000 metric tons per year.[2] Aisha Steel Mills is a joint venture between Arif Habib Group, Metal One Corporation, a subsidiary of Mitsubishi and Universal Metal One, one of the world’s largest steel trading company. Aisha Steel Mills had successful IPO in 2012 and was oversubscribed by 2.7 times.[3]

Product demand outlook

In 2017, under China-Pakistan Economic Corridor (CPEC) agreement between the governments of China and Pakistan, Aisha Steel Mills like other major steel producers in Pakistan, is preparing to meet the expected increase in steel supply demands related to the upcoming infrastructure projects in Pakistan.[4]

References

  1. 1 2 3 4 5 Company Overview of Aisha Steel mills Limited on Bloomberg.com website Retrieved 8 January 2018
  2. 1 2 Company Profile of Aisha Steel Mills on reuters.com website Retrieved 8 January 2018
  3. "IPO sale: Aisha Steel Mills surprises itself - The Express Tribune (newspaper)". 12 July 2012. Retrieved 8 January 2018.
  4. Steel mills prepare to meet CPEC demand Dawn (newspaper), Updated 3 July 2017, Retrieved 8 January 2018
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