Corporates

Steel & Allied Products

Name Date Rating Type Long Term Short Term Outlook Action
Agha Steel Industries Limited 12/21/2023 STS A-1 Preliminary
Agha Steel Industries Limited 12/21/2023 Entity A A-2 Stable Maintained
Agha Steel Industries Limited 12/21/2023 Sukuk 3 A+ Stable Reaffirmed
Aisha Steel Mills Limited 1/1/2024 Entity BBB+ A-2 Stable Maintained
BBJ Pipe Industries Limited 1/2/2024 Entity BBB A-2 Stable Maintained
Crescent Steel & Allied Products Limited 12/13/2023 Entity A- A-2 Stable Maintained
Crescent Steel & Allied Products Limited 12/13/2023 Sukuk 1 A- Stable Maintained
Faizan Steel 1/31/2024 Entity BBB+ A-2 Stable Maintained
Frontier Foundary Steel (Pvt) Limited 6/22/2023 Entity A A-1 Stable Maintained
International Industries Limited 11/13/2023 Entity AA- A-1 Stable Maintained
International Steels Limited 11/24/2023 Entity A+ A-1 Stable Maintained
Mehboob Steel Pipe Industry 3/31/2023 Entity BBB- A-2 Rating Watch - Developing Maintained
Mughal Iron & Steel Industries Limited 12/8/2023 Sukuk 1 A+ Stable Maintained
Mughal Iron & Steel Industries Limited 12/8/2023 Entity A+ A-1 Stable Maintained
Naveena Steels Mills (Pvt) Limited 7/25/2023 Entity A- A-2 Stable Initial