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TSML eventually planned on becoming Pakistan's largest steel complex, with a total capacity of 1.28 million tonnes per annum.
Earlier this year, TSML began commercial production of first phase, a DRI making plant able to produce up to 1.28 million tons of high quality steel per annum.
The TSML marked Pakistan's first direct reduction iron (DRI) plant of Midrex process.
CRISIL believes that TSML will continue to benefit from its promoter's industry experience over the medium term.
Tuwairqi Steel Mills Limited (TSML)aims to start production by thebeginning of the Q4 and grow toeventually become Pakistan's largeststeel producer.
Ministry of Industries and Production (MoIandP) is said to be annoyed at the Ministry of Finance for not deciding the issue of M/s Tuwairqi Steel Mills Limited (TSML) pending for the last several months well informed source told to research analyst-PAGE.
To add to its score, Posco is focusing on building a successful partnership with Al-Tuwairqi, Pakistan and making TSML Pakistan a world class steel mill by expanding its DRI plant using forward and backward integration.
Positive gain contributions were made by Ceylon Cold Stores (CCS) up by 15.85% at Rs.65 closing at Rs.475 and Distilleries Company of Sri Lanka (DIST) closing at 174 gaining 2.35% at Rs.4 whilst Tea Smallholder Factories PLC (TSML) upbeat 35.18% at Rs.68.60 closing at the level of Rs.300.
Meanwhile, power supply from Ghausia Colony, Mamonkanjan City, Khuda Yar, al-Awwal, Bangla and Khawaja Habib Ullah feeders originating from 132-KV Mureedwala grid station, Sheeraza, Pir Salahud Din, Ravi, TSML, Sugar Mills, Khiddarwala, Kanjwani and Kallar Wala feeders from 132-KV Manjhala Bagh grid station will remain suspended from 8: 00 a.
Similarly, electricity supply from Wahla, Factory Area, new Dawar, Chunni Rehan and Sangra feeders emanating from 132-KV Lalian grid station, al-Mustafa and Maddoana feeders originating from 132-KV Sitiana grid station, Theraj Shaheed feeder emanating from 132-KV Jaranwala grid station, Ghausia Colony, Mamonkanjan City, Khuda Yar, Awwal, Bangla and Khawaja Habib Ullah feeders originating from 132-KV Mamonkanjan grid station, Sheeraza, Pir Salahud Din, Ravi, TSML, Kallarwala, Sugar Mills, Khiddar Wala and Kanjwani feeders emanating from 132-KV Manjhala Bagh grid station will remain suspended from 9:00 am to 1:00 pm whereas PAF feeder originating from 132-KV Jhang Road grid station will observe load shedding from 9:00 am to 2:00 pm on November 17.
Tuwairqi Steel Mills Limited (TSML) having a 1.28 million tons per annum capacity DRI Plant of a state-of-the-art Japanese Technology shut down being commercially unviable due to high tariff of natural gas in Pakistan.
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- Tsna (disambiguation)
- Tsna River