Naveena Group, a multi-industry company in Pakistan, announced the launch of Naveena Steel Mills Limited (NSMPL), a greenfield project at Port Qasim in Karachi on Sunday.
This Italian plant will have Pakistan’s first induction heating system using direct rolling technology to produce standard pure steel rebars for use in construction. The proximity to the port will help the company with export logistics and enable cost-effective procurement of scrap.
Naveena Group is a company having a combination of businesses dealing in textile exports, spinning, wind power, steel and many other sectors.