PACRA retains A1 short-term rating of Mughal Iron & Steel
Mughal Iron & Steel Industries Limited (PSX:MUGHAL) has had its entity ratings maintained at ‘A+’ for the long term and ‘A1’ for the short term with a stable outlook, according to The Pakistan Credit Rating Agency Limited (PACRA).
October 19, 2026 (MLN): Mughal Iron & Steel Industries Limited (PSX:MUGHAL) has had its entity ratings maintained at ‘A+’ for the long term and ‘A1’ for the short term with a stable outlook, according to the Pakistan Credit Rating Agency Limited (PACRA). The ratings were unchanged from the previous review on October 15, 2025, and no rating watch was assigned. PACRA said the sector worked in a two-phased environm...