Pakistan’s Naveena Group to invest in rebar plant

Naveena Group of Pakistan has announced that it will start production of steel billet and rebar in a new mill in Karachi by 2019.

The group’s core business is in textiles but it is now investing in an integrated steel plant close to the port of Karachi, with capacity for 300,000 tonnes per year of billet and 300,000 tpy of rebar.

The company may double both of these capacities in the future, after commercial production...

Published

Serife Durmus

March 14, 2018

17:10 GMT

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