Type Steel producers Parent organization Al-Tuwairqi Holding | Traded as TSML (KSE BRIndex30) Area served Nationwide Founded 1979 | |
Key people Hilal H. Al-Tuwairqi(Chairman)Zaigham Adil Rizvi(Project Director)Zaigham Adil RizviYoung-Ho Yoo(Resident Director) | ||
Tuwairqi steel mills ltd
The Tuwairqi Steel Mills Limited (TSML), is a vertically integrated multinational Steel mill, based in Karachi, Sindh, Pakistan.
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An environmentally friendly and established by a private sector, the steel mill is co-financed by the Al-Tuwairqi Holdings (Saudi Arabia), POSCO (South Korea) and the Arif Habib Group owners of downstream facility Aisha Steel Mills (Pakistan), and currently aiming to compete against the Pakistan Steel Mills (PSM) at the Karachi Stock Exchange (KSE) indexes. The steel mills is well expanded over an area of 220 acres (0.89 km2) at Bin Qasim, Karachi and employs the world's most advanced DRI (Direct Reduction of Iron) technology of the MIDREX process owned by Kobe Steel of Japan.
Pakistan refused to supply the gas to the company and Saudi Arabia decided to provide the gas to the company on cheaper rate. The Tuwarqi Management warned to disassemble and shift the plant to Saudi Arabia. The Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmad Vohra requested Federal Minister Ishaq Dar to resolve the issue of gas supply to the TSML.
Tuwairqi steel mills flood relief camp 2011
Capacity
Its production capacity is 1.28 million tons of steel per annum.