INTERNATIONAL STEELS LTD

What INTERNATIONAL STEELS LTD does

International Steels Limited (ISL), incorporated in 2007 and listed on the Pakistan Stock Exchange (ticker ISL), is Pakistan's largest flat steel manufacturer and exporter, operating as part of the ASC Group (Amir Sultan Chinoy Foundation). The company runs an integrated flat-steel complex in Karachi comprising 1,000,000 MT annual cold rolling capacity, 450,000 MT hot-dip galvanizing capacity across two continuous lines, and 84,000 MT color coating capacity, complemented by a Service Center offering cut-to-length, slitting, and sheet profiling. Manufacturing is built around SMS Siemag (Germany) cold rolling technology and a two-coat/two-bake color coating system, with ISO 9001/14001/45001 and EU/Saudi/Indonesian compliance certifications supporting export access.

ISL serves industrial B2B customers across five verticals — automotive and appliances, construction and infrastructure, packaging, industrial manufacturing, and agriculture — through a direct sales model with regional offices in Lahore, Islamabad, and Multan, a digital customer portal, and direct export sales to more than 30 countries across North America, Europe, the Middle East, Africa, South and Southeast Asia, and Oceania. Revenue is generated primarily through hardware sales of Cold Rolled, Hot Dipped Galvanized, and Color Coated steel, supplemented by value-added processing fees at the Service Center; pricing is quote-based and not publicly disclosed. The company reported FY2025 sales of approximately PKR 62.3 billion (~$220M), holds a VIS A+/A-1 credit rating, and has been the subject of a 2025 Competition Commission of Pakistan Rs914 million fine for cartelization, signaling that the domestic flat-steel market operates as a concentrated oligopoly.

Name

INTERNATIONAL STEELS LTD

Legal name

International Steels Limited

Website

http://www.isl.com.pk

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

251–500 employees

Short description

International Steels Limited is Pakistan's largest flat steel manufacturer, producing cold rolled, hot-dip galvanized, and color coated steel plus Service Center processing for automotive, construction, packaging, industrial, and agricultural customers domestically and across 30+ export markets.

Ownership category

akta.pro rank

Product category

Flat Steel Manufacturing

NAICS

Rolling and Drawing of Purchased Steel (33122), Steel Product Manufacturing from Purchased Steel (3312), Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers (332812), Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Wholesale-Metals Service Centers & Offices (5051)

akta.pro primary industry

Cold Rolling & Finishing (Cold-Rolled Coil/Sheet, Temper, Skin Pass) (IMAKABAF)

akta.pro secondary industries

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG), Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling) (IMAKABAL), Protective Coatings, Galvanizing & Metal Finishing for Structural Steel (IMADACAK)

Keywords

• Flat steel manufacturing
• Cold rolled steel
• Galvanized steel products
• Color coated steel
• Steel processing services

Headquarters

HQ city

Karachi

HQ country

Pakistan

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flat Steel Manufacturing and Sales: ISL manufactures and sells flat steel products including Cold Rolled Steel, Hot Dipped Galvanized Steel, and Color Coated Steel. Products are sold directly to customers in Pakistan and exported to over 30 countries. The company also provides value-added services through its Service Center including cut-to-length, slitting, and sheet profiling.
2. Service Center Processing: Value-added processing services including cut-to-length, slitting, sheet profiling, and C-channel manufacturing for industrial and commercial applications

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

International Steels Limited manufactures and sells flat rolled steel products including Cold Rolled Steel (1,000,000 MT capacity), Hot Dipped Galvanized Steel (450,000 MT capacity), and Color Coated Steel (84,000 MT capacity). The company operates a Service Center providing value-added processing such as cut-to-length, slitting, sheet profiling, and C-channel manufacturing, and exports to over 30 countries across 6 continents.

Product overview

International Steels Limited (ISL) is Pakistan's largest flat steel manufacturer and exporter, operating as a multi-product flat steel company with four core products and value-added services. The product portfolio includes Cold Rolled Steel (CRC) manufactured on SMS Siemag-designed mills with 1,000,000 MT annual capacity, Hot Dipped Galvanized Steel with 450,000 MT annual capacity, Color Coated Steel produced via Wet Paint Coating Technology with 84,000 MT annual capacity, and a Service Center offering Cut-to-Length, Slitting, and Sheet Profiling services. ISL's facilities are strategically located in Karachi near the seaport, with regional offices in Lahore, Islamabad, and Multan.

Differentiator

Problem solved

Functional benefit

Products and services

• Cold Rolled Steel (CRC)
• Hot Dipped Galvanized Steel
• Color Coated Steel
• ISL Service Center
• Weather Resistant Steel (Corten Steel)
• Non-Grain Oriented Electrical Steel (NGOES)
• High-Tensile Steels for 4-Wheelers
• Tin Mill Black Plate (TMBP)

Quantifiable outcome

• Six consecutive years winning MAP Corporate Excellence Award in Engineering Category
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Chiniot General HospitalminorStrategic or Co-development PartnerStrategic partnership through Memorandum of Understanding (MoU) signed during the year to strengthen healthcare initiatives and create positive impact within the community, reflecting ISL's dedication to social responsibility and supporting quality healthcare services.
• SMS SiemagcoreTechnology or IntegrationGerman technology provider for cold rolling mill. ISL uses a modern, state-of-the-art Cold Rolling mill designed by SMS Siemag, Germany.
• SiddiqsonscoreOthersISL supplies Tin Mill Black Plate (TMBP) to Siddiqsons, indigenizing the input for local production and reducing reliance on imports.

Scale indicators13 records

Recent moves11 records

Expansion highlights6 records

Market position

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCXgGKkWHh5Lp2ZOpt6lT9jA
• LinkedInlinkedin.com/company/international-steels-limited

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INTERNATIONAL STEELS LTD