Amreli Steels Limited () is a publicly held Pakistani company which manufactures steel rebars. It is based in Karachi, Pakistan. History It was founded in 1972 by Abbas Akberali and is named after Amreli District, Gujarat, India from where their ancestors migrated to Pakistan. As of 2013, the company's production capacity was estimated to be 150,000 tonnes, which by 2017 had increased to 180,000 tonnes. In 2018, the company established a new production facility in Dhabeji with a 400,000 tonnes capacity. A strategic goal of the firm has been to be the first Pakistani company to reach annual production of 1 million tonnes of rebar product. Amreli transitioned from a private to public firm in 2015, when it was listed on the Pakistan Stock Exchange following an initial public offering in October 2015. Capacity Expansion Amreli Steels cemented its dominance and leadership in Pakistan's Steel Industry in March 2019 by expanding its manufacturing facilities that increased its rebar capacity to 605,000 tonnes and billet capacity to 600,000 tonnes per annum. The new facilities have enabled the company to maintain its cost leadership and provide a better product to its customers. Amreli Steels expects that the economies of scale and new technologies will further help it cut manufacturing costs, spread fixed costs and as a result improve margins. Financial Performance Amreli Steels’ posted Rs1.1 billion total loss for the fiscal year 2020, which resulted in Rs 3.79 loss per share. Major Projects Jinnah International Airport, Karachi Aga Khan University & Hospital, Karachi Allama Iqbal International Airport, Lahore LuckyOne Mall, Karachi Benazir Bhutto International Airport, Islamabad/Rawalpindi Bagh-e-Jinnah, Karachi Chashma Nuclear Power Plant, Kundian DG Khan Cement, Chakwal Bestway Cement, Islamabad Fatima Fertilizers, Multan Fish Harbour, Karachi FTC Flyover, Karachi Gwadar Deep Sea Port, Karachi Hub Power Station, Balochistan Indus Highway Project, Karachi Japanese Consulate, Karachi Jinnah Bridge, Karachi Northern Bypass, Karachi Lakhra Coal Power Project, Jamshoro Lilly Bridge 2, Karachi Lucky Cement, Khyber Pakhtunkhwa Lucky Textile Mills, Karachi Lyari Expressway, Karachi MCB Tower, Karachi Meezan Bank, Headquarters, Karachi Mirani Dam, Balochistan National Refinery Limited, Karachi Northern Bypass, Karachi Ocean Tower & Mall, Karachi Packages Limited, Lahore Pakistan Broadcasting Corporation, Islamabad PARCO, Karachi Port Grand, Karachi Serena Hotel, Islamabad Shaheed-e-Millat Flyover, Karachi Shaukat Khanum Memorial Hospital, Lahore US Embassy, Afghanistan National Stadium, Karachi References Steel companies of Pakistan Manufacturing companies established in 1972 Manufacturing companies based in Karachi Pakistani brands Companies listed on