Mughal Steel has initiated a significant upgrade project for its steel bar re-rolling mill in Pakistan, investing approximately Rs 1 billion. This project aims to enhance the mill's capacity from around 690,000 tons to 1 million tons annually. Once operational, the upgraded facility is expected to produce between 8,000 to 10,000 tons of medium sections per month, addressing the growing domestic demand for steel driven by increased construction and industrial activities. This move aligns with broader efforts within Pakistan's steel industry to expand capacity and improve product quality amid rising competition and demand.