Agha Steel, IFC partner for green steel production

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By MG News | Category Equity | December 29, 2023 at 02:45 PM GMT+05:00

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December 29, 2023 (MLN): Agha Steel Ind.Ltd (PSX: AGHA) has signed a non-disclosure agreement with the International Finance Corporation (IFC) to share information in order to explore green steel manufacturing avenues, the company informed through a notice sent to the local bourse today.

Agha Steel is principally engaged in the manufacturing and sale of steel bars, wire rods, and billets.

The International Finance Corporation is a member of the World Bank, that offers investment, advisory, and asset-management services aiming to improve the lives of people in developing countries by investing in private sector growth.

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