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AISHA
STEEL MILLS LIMITED was incorporated in may 2005 to set up a state
of the Art High Tech Cold Rolling Mills in the Downstream Industrial
Estate of Pakistan Steel, Bin Qasim Karachi at a cost of US$ 100
million to manufacture high quality Cold Rolled Coils. The initial
capacity of the project is 220000 tons which will be expanded to
350000 tons in the second phase. The project will manufacture Cold
Rolled Coils with a thickness ranging from 0.15 mm to 1.5 mm to
cater the requirements of the Automobile, Engineering and Domestic
Appliances Industries. >> read more |
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| The Ground Breaking Ceremony | |||||||
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The
Financial Closure |
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| Aisha
Steel Mills Limited is pleased to announce the Financial Close. Syndicated long term finance facility Rupees 4,000,000,000/- >> read more
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| The Project | |||||||
| The proposed Aisha Steel Mills Ltd will be a 350,000 MT/Y Cold Roll and Galvanising Plant to be completed in two phases. In the first phase 220,000 MT/Y of Cold Rolled coils shall be produced which will subsequently be increased to 350,000 MT/Y in the second phase. A portion of this Cold Rolled Steel shall be utilized for the production of cold rolled coils, shall initially be imported from Japan till such time these are produced locally in specified grades and dimensions at competitive rates. >> read more |
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| The Sponsors | |||||||
| M/s Universal Metal Corporation, a business concern in Japan headed by its President Mr Hasib Ur Rehman is the lead sponsor of the project. M/s Metal One Corporation, who are the leading business concern in Japan with an annual turnover of Japanese yen 2,277.9 Billion and M/s Arif Habib Securities, a major brokerage house/ investment firm of Pakistan are the co-sponsors of the project. >> read more |
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| A Cold Rolling Mill | |||||||
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Cold
Rolling is a metal working process in which metal is deformed by
passing it through rollers at a temperature below its recrystallisation
temperature. Cold Rolling increases the yield strength and hardness
of a metal by introducing defects into the metals crystal structure.
>> read more |
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