Beco Steel Limited (PSX: BECO) has begun supplying its steel angles, used in electric transmission poles and related infrastructure, to various WAPDA and Distribution Companies (DISCOs) through indirect vendors, according to a material information notice submitted to the Pakistan Stock Exchange (PSX).
The company said it is now positioned to be included in the approved vendor lists of these entities, allowing direct participation in upcoming power and infrastructure projects.
Management expects the development to strengthen Beco Steel’s presence in the power sector and enhance its sales, profitability, and market share.