Primetals Technologies has received an order from Pak Steel to supply a bar rolling mill for the site located in the Hattar Special Economic Zone (HSEZ), in Khyber Pakhthunkwa province. The new mill will enable Pak Steel to enlarge its footprint in the growing regional market of infrastructure projects.
The mill will manufacture concrete reinforcement steel bars (rebars) with diameters ranging from 8 to 40 millimeters. The design capacity will be 450,000 metric tons per year. The billets will be directly charged in hot condition to the rolling mill, which will provide significant energy savings as well as higher metallic yield. The commissioning into operation of the mill is scheduled in the fourth quarter of 2022.
Since its original establishment in 1949 in Rawalpindi area, Pak Steel has been steadily growing to become one of the most prominent players of the Pakistani steel industry. Part of the family-owned Farid Holdings group, Pak Steel focuses on the manufacture of concrete reinforcement bars as well as on light structural profiles.
With a current yearly production capacity of 200,000 metric tons, it is one of the leading brands and producers of rebars in Pakistan. This expansion of 450,000 metric tons will boost the yearly production capacity to 650,000 metric tons and will enable Pak Steel to meet the rapidly growing steel demand in the country. Farid Holdings is a diversified business group active in the areas of steel (billets, rebars, structural products), hospitality, real estate, construction, engineering and logistics.