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Mughal Steel. Capitalizing on Past To meet Future Growth. Video. Timeline. Smelting Furnace, Ferrous Allies plant of 15,000 tons in 2006 In 2007 Medium Section Mill added of 150,000 tons. Total capacity reached 250,000 tons State-of-art Continuous Bar Mill established.
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Mughal Steel Capitalizing on Past To meetFuture Growth
Timeline • Smelting Furnace, Ferrous Allies plant of 15,000 tons in 2006 • In 2007 Medium Section Mill added of 150,000 tons. Total capacity reached 250,000 tons • State-of-art Continuous Bar Mill established • Import of iron products and catering to local needs • Re-distribution of local products as local producers com online • Disruption in availability of locally produced products necessitated independence • Re-rolling mill with capacity of 30,000 tones established • Coal gasification unit introduced in Pakistan • First-ever tandem section mill with investment of PKR 1.2 Billion and capacity of PKR 250,000 tons added • 50,000 Tons furnace added • Addition of another furnace in 2002 takes capacity to 70,000 tons • Rolling Section Mill’s addition takes capacity to 100,000 tons • Mughal Steel ventures into upstream value added steel products • Stainless Steel, Spinning Steel, Special Steel • AOD, LRF, CCM, added to plant • Billets Production mill with capacity of 40,000 tons added • Planned listing of Mughal Steel & Iron • Further Expansion to add 80,000 tons • Growth market share • 9 MW gas powered plant installed to overcome electricity crisis 2013 & beyond • 2011 & 12: Coal Gasification Plant & Tandem Section Mill • 2010: Mughal Iron & Steel Ltd. • 2006-07: Backwards integration & Exports • 2005: Self-sufficiency in Power Generation • 2002-03: Capacity Expansion • 2000: Ventures into up/down stream value added products • 1998: Mughal Steel • 1983: Mughal Sons (Pvt) Limited: Corporatization • 1952: Mughal Traders: Journey Begins
Flexible Supply Chain • Process Efficiency • Pioneering Innovation • Productivity & Quality • Improved Collaboration • Broad Product Range • Dense Populated Locations • Strong Brand Awareness • Focus on Profitable Segments & Markets/Exports • Engaging with Internal talent • Promote increased documentation in industry • Vertical Integration • Strategic Cost Reduction • Capital Optimization
Awards & Recognitions ISO Certification Environment Certificate Export Certificate Brands of the Year 2008-11
Summarizing Past Progress • Sales & Distribution was the core business and is the competitive advantage till date • Business strategy: Retention of 30% market share for specific product segments while optimizing costs & capital use • Back integration to control inputs & supply chain • Brand creation to sustain & grow • Surviving & growing without government support • Emerged as the low business risk corporation ready to embark on growth
Future of Iron IndustryMarket Demand & Supply Scenario Local demand stems from: industry that is linked to economic activity & development Household that is primarily linked to agriculture & cash crops Local demand is expected to grow as Pakistan’s per capital consumption is well below other countries even the under- developed countries (50% of India) Export demand emanate s from development activity in Afghanistan & Central Asia • Local supply has generally grown at a very slow place • Local supply caters only to industrial demand and operates in specific product segments • Mughal Steels is unique as it has the ability to cater diverse industrial product needs & is the only steel manufacturer that caters to households’ construction needs.