Steel Mills

Planning to establish a new steel mill in collaboration with Sindh govt

PSM administration writes letter to Ministry of Industries and Production

Pakistan's contribution to world steel production stands at 0.32% but growth expected in five years: CEO Agha

Total losses, liabilities of Pakistan Steel Mill exceeded Rs612 billion

Says first officers of the entity should be sacked before the 3,700 staff was forced to resign

Tickets for cancelled trains will be refunded by Pakistan Railways

Final hearing will be on September 18

Says it cannot hear the plea until verdict is issued in PSM cases by apex court

The mindset blaming all our ills on the fiscal deficit seems to have prevailed

Govt looks for out-of-court settlement with Saudi firm that has filed case in international court

Crackdown on such elements creating pollution will continue without discrimination

Senate body expresses concern over mills state

ECC puts off decision on abolishing duty, sales tax on cotton import

EPA seals off mills spreading pollution and in non-compliance of the agency

PPP, PML-N govts failed to prevent collapse of the industrial giant

Accumulated losses of the country’s biggest industrial unit surge to Rs177.78 billion

Foreign investors expressed interest in acquiring the steel mill on lease

Orders NAB to submit progress report into Rs378m scam by Nov 25

ECC directs PSM management to send staff on leave to cut expenses

Steel mill unable to compete with influx of import, bailouts prove to be useless

Provincial minister for mines and minerals says iron ore deposits need to be tapped

The Privatisation Commission is the implementing arm of the Government of Pakistan for its program on privatisation

PML-N has injected Rs22b in different phases, production still stands at zero

Gas utility finds it difficult to finance strategic projects, threatens to cut off PSM's gas supply

All options will be discussed with Privatisation Commission.

Amount will cover salaries for April; May and June payments to be made later on.

Decision taken on humanitarian grounds to enable PSM employees, and their families to celebrate Eidul Fitr