Pakistan Steel Mills excluded from privatization list


Express May 20, 2010

ISLAMABAD: The federal government has excluded Pakistan Steel Mills from the privatization list.

The decision was taken at a meeting held under the chairmanship of Federal Minister for Industries, Mir Hazar Khan Bijarani on Thursday in Islamabad.

The ministry is preparing a summary for the prime minister's approval on this decision.

The government previously tried to privatise Pakistan Steel Mills during the regime of Pervaiz Musharraf, but the Supreme Court ruled against the move.

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