Commercial Credit Report for ITTEFAQ Iron Industries Ltd

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	ITTEFAQ Iron Industries Ltd
40-B II Gulberg III
Phone: +92 4235785468p:+92 4235785468	LAHORE, 54660 Pakistan	Ticker: ITTEFAQITTEFAQ

Business Summary

Ittefaq Iron Industries Limited is a Pakistan-based steel company. The principal business of the Company is the manufacturing of iron bars, girders, and related products. Its rolling mill can produce structure steel (with close tolerance and the required mechanical properties) and cater to stringent requirements for critical applications. Its products Its products include Deformed Bars; I & H-Beam, Girder, T-Iron, Channel and Angle; and Steel Billets. Its Deformed steel bars of Grade 40 and Grade 60 are produced in all American and British standards sizes from 10 millimeters (mm) to 50 mm. It is engaged in manufacturing I & H-Beam, Girder, T-Iron, Channel and Angle that has no match in strength and durability. It also produces industrial section, angles girders, channels, rounds, and special shapes. Its production facilities include induction furnaces, ladle refining furnaces, bar rolling mill, continuous casting, structural mill, and air-oxygen decarburization (AOD) converter.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
3316	Cold-rolled steel sheet, strip, and bars
3312	Steel works, blast furnaces (including coke ovens), and rolling mills

General Information

Number of Employees:	474	(As of 6/30/2023)
Outstanding Shares:	144,343,364	(As of 12/31/2023)
Shareholders:	4,988
Stock Exchange:	PSX
Fax Number:	+92 4235759546

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