Beco Steel Targets $22 Million in Export Orders After Hong Kong Breakthrough

September 26, 2025 — Beco Steel Limited is set to expand its global footprint after completing a successful copper ingots shipment to Hong Kong. The company announced that it is now in advanced discussions with overseas buyers and anticipates securing fresh export orders valued at nearly $22 million in the upcoming financial year.

In its filing to the Pakistan Stock Exchange, Beco Steel’s management expressed confidence that the potential orders will have a transformative impact on its financial results. The company expects the new contracts to significantly boost both revenue and profitability, driving higher sales volumes compared to the current year.

Management further highlighted that these exports will not only strengthen the company’s financial standing but also add value for shareholders, while playing a constructive role in bringing much-needed foreign exchange into Pakistan’s economy.

As part of its long-term growth strategy, Beco Steel continues to focus on expanding its export markets and diversifying its international customer base.

Alongside its export drive, the company is also stepping up sustainability efforts. Earlier this month, Beco signed an agreement with a renewable energy solutions provider to install a 2MW solar power generation system at its Badami Bagh plant in Lahore.

Beco Steel, formerly known as Ravi Textile Mills, operates as an integrated steel producer in Pakistan, offering a wide range of products — from scrap and billets to specialized steel solutions.