Milestones


2007

  • Incorporated in September
  • Installation of 18 Mega Watt Power Generation Plant commences

2008-09

  • Civil works and plant installation in process

2010

  • Cold Rolling and Galvanizing complex is commissioned

2011

  • Commercial operations of Cold Rolling and Galvanizing complex commences Installed capacity 250,000 MT
  • ISL gets listed on Pakistan Stock Exchange
  • Certifications acquired:
    1. ISO 9001 Quality Management System
    2. ISO 14001 Environmental Management
    3. ISO 18001 Occupational Health & Safety Management Systems

2012

  • Production exceeds 166,000 MT
  • Sales exceed 161,000 MT
  • Net turnover exceeds PKR 13 Billion

2013

  • Production exceeds 220,000 MT
  • Sales exceed 217,000 MT
  • Net turnover exceeds PKR 17 Billion

2014

  • Production exceeds 280,000 MT
  • Sales exceed 257,000 MT
  • Net turnover exceeds PKR 21 Billion

2015

  • Second Galvanizing plant is commissioned and starts commercial production Galvanizing capacity increases to 450,000 MT from 150,000 MT
  • Pakistan’s first Color Coating line is established at ISL Color Coating Capacity 84,000 MT
  • A new electrolysis plant is installed to produce Hydrogen
  • Second strand on the 4-Hi Reversing Mill is commissioned, converting it into a Continuous Compact Mill “CCM”
  • Production exceeds 238,000 MT
  • Sales volume exceeds 239,000 MT
  • Net turnover exceeds PKR 17.5 Billion

2016

  • Commercial production of the enhanced 4-Hi Continuous Compact Mill commences Cold Rolled capacity increases to 500,000 MT from 250,000 MT
  • Production exceeds 370,000 MT
  • Sales volume exceeds 364,000 MT
  • Net turnover exceeds PKR 20 Billion

2017

  • Debottlenecking of Push Pull pickling line Pickling capacity increases to 600,000 MT from 500,000 MT
  • Successful commissioning of additional annealing capacity Annealing capacity increases to 200,000 MT from 160,000 MT
  • Second Continuous Compact Mill “CCM-2” is commissioned
  • SNI certification of Indonesia is acquired
  • Production exceeds 465,000 MT
  • Sales volume exceeds 490,000 MT
  • Net turnover exceeds PKR 33 Billion

2018

  • Second Continuous Compact Mill “CCM-2” commences commercial production. Cold Rolling capacity increases to 1 ,000,000 MT from 500,000 MT
  • Annealing facilty is enhanced Annealing capacity increases to 360,000 MT from 300,000 MT
  • New continuous picking line is commissioned and starts commercial production Capacity of new continuous picking line 1,000,000 MT
  • ISL wins Federation of Pakistan Chambers of Commerce & Industry FPCCI Export Award 2017 in the Steel category
  • Pakistan Stock Exchange’s status at Morgan Stanley Composite Index ( MSCI) is upgraded to “Emerging Market” and ISL is listed in the MSCI
  • JCR-VIS credit rating company awards ISL a credit rating of “A+/A-1”
  • Production exceeds 512,000 MT
  • Sales volume exceeds 539,000 MT
  • Net turnover exceeds PKR 47 Billion