The Pakistan Steel Mills

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SAMAA - President Alvi releases Rs11b for Pakistan Steel …

28-08-2020· President Arif Alvi has sanctioned Rs11 billion for Pakistan Still Mills as a loan to pay remaining 90% dues to the retired employees of the government-owned steel mills…

End of an era for Pakistan Steel Mills - MSN

The Pakistan Steel Mills’ total losses and liabilities are estimated at Rs400 billion (Dh9.026 billion). According to the ECC the PSM is facing Rs550 billion deficit and billions are being spent ...

SAMAA - Pakistan Steel Mills ex-employees to protest non ...

29-08-2020· Retired employees of the Pakistan Steel Mills are planning to stage demonstrations in five cities of the country to protest non-payment of their dues by the government despite court’s directives.

Pakistan Steel Mills among 19 entities to be privatized ...

09-09-2020· Pakistan Steel Mills, Mari Gas Field and Convention Centre Islamabad, Services Hotel, SME Bank, PPL, Guddu Power Plant and power companies have been in the list of …

Pakistan Steel Mills - Newspaper - DAWN.COM

11-03-2020· THE foundation of Pakistan Steel Mills Corporation Limited was laid in Karachi on July 2, 1973. This giant industrial complex is fully owned by the government.

Pakistan Steel Mills - Newspaper - DAWN.COM

THE foundation of Pakistan Steel Mills Corporation Limited was laid in Karachi on July 2, 1973. This giant industrial complex is fully owned by the government.

Pakistan Steel Mills among 19 entities to be privatized ...

09-09-2020· Pakistan Steel Mills, Mari Gas Field and Convention Centre Islamabad, Services Hotel, SME Bank, PPL, Guddu Power Plant and power companies have been in the list of …

Pakistan Steel Mills - Wikipedia

Pakistan Steel Mills Corporation (Pvt.) Limited (Urdu: پاکستان سٹیل ملز ‎), also known as Pak Steels, is a producer of long rolled steel and heavy metal products and entities in the country.. Headquartered in Karachi, Sindh Province of Pakistan, the PSM is the current largest industrial mega-corporation, having a production capacity of 1.1–5.0 million tonnes of steel and iron ...

Privatisation of Pakistan Steel Mills: High Court refuses ...

He said when the PTI government came into power, the Pakistan Steel Mills was facing a loss of Rs176 billion and its interest was also increasing with each passing day.

Coronavirus: Pakistani government lays off thousands of ...

Asia Coronavirus: Pakistani government lays off thousands of workers to revive economy. The Khan government has decided to privatize the state-run Steel Mills in order to steer it out of financial ...

Pakistan Steel Mills Corporation | LinkedIn

Pakistan Steel Mills Corporation | 7,649 followers on LinkedIn | Pakistan Steel is strategically located 40km south east of Karachi in close vicinity to port Muhammed Bin Qasim. Pakistan Steel is a costal site which lies on the National Highway and is linked to the railway network. Spread over an area of 18,600 acres (29 square miles) with 10,390 acres for the main plant, 8070 acres for the ...

Who is the Current CEO of Pakistan Steel Mills? - PakMcqs

The federal government has appointed Brig (r) Shujah Hassan as the Chief Executive Officer (CEO) of the Pakistan Steel Mills. According to a notification issued by the Establishment Division on Friday(August 7, 2020), the appointment of Brig (r) Shujah Hassan would be …

Pakistan Steel Mills: Latest News & Videos, Photos about ...

09-12-2013· Pakistan Steel Mills Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Pakistan Steel Mills Blogs, Comments and Archive News on Economictimes.com

Pakistan Steel Mills vs the Economy | The Express Tribune

Pakistan Steel Mills Corporation (PSMC) has lost and cost the government a huge amount of money so far. Its annual losses stood at Rs9.33 billion and it needed to pay back Rs19 billion worth of ...

The demise of Pakistan Steel Mills - Herald

The Pakistan Steel Mill is the back bone of our country, it is total nonsense if we keep this one out of operation, What damage has been done to the mill is done we have to think about the future, I think it will be better that let Pakistan Military takes over and such its Fouji Foundation operates it, NAB must investigate and bring culprits in custody of law and recover losses from them ...

Privatisation of Pakistan Steel Mills: High Court refuses ...

He said when the PTI government came into power, the Pakistan Steel Mills was facing a loss of Rs176 billion and its interest was also increasing with each passing day.

Hanif Abid Documentary on Pakistan Steel Mill 1 - YouTube

01-03-2011· Hanif Abid Documentary on Pakistan Steel. Hanif Abid Documentary on Pakistan Steel. Skip navigation Sign in. ... Hanif Abid Documentary on Pakistan Steel Mill 2 - Duration: 9:30.

Pakistan Steel Mills Corporation | LinkedIn

Pakistan Steel Mills Corporation | 7,649 followers on LinkedIn | Pakistan Steel is strategically located 40km south east of Karachi in close vicinity to port Muhammed Bin Qasim. Pakistan Steel is a costal site which lies on the National Highway and is linked to the railway network. Spread over an area of 18,600 acres (29 square miles) with 10,390 acres for the main plant, 8070 acres for the ...

Pakistan steel mills | The Express Tribune

Pakistan Steel Mills News. Land dispute hampers Covid-19 burials in Sindh. Tweet. Razzak Abro. Sindh govt, Pakist­an Steel Mills wrangl­ing over land reserv­ed for buryin­g corona­virus victim­s

Pakistan Steel Mill - Salam Pakistan

Pakistan Steel Mill Approval was given to dismiss the employees of Pakistan Steel Mill. Employees will be given a golden handshake and one month notice, the decision was taken in the ECC meeting chaired by Finance Advisor Dr. Abdul Hafeez Sheikh.

Federal Government has issued a loan of Rs 11.44 billion ...

28-08-2020· The federal government has issued a loan of Rs 11.44 billion to Pakistan Steel Mills on Friday. The Ministry of Finance has issued a notification for the issuance of loan to Pakistan Steel Mills ...

SC seeks govt's response on closure of Pakistan Steel Mills

The top judge said the Pakistan Steel Mill is creating several problems and seems that all the budget of the country would be spent on it. CJP Gulzar said in his remarks to appoint new staff, if ...

Pakistan Steel Mills vs the Economy | The Express Tribune

Pakistan Steel Mills Corporation (PSMC) has lost and cost the government a huge amount of money so far. Its annual losses stood at Rs9.33 billion and it needed to pay back Rs19 billion worth of ...

The Pakistan Steel Mills Problem - The Nation

Let us face the facts. Pakistan Steel Mills (PSM) is the biggest white elephant this country possesses, on par with the Pakistan International Airlines (PIA) - but at least the airline is fully operational. PSM is stuck in a perpetual loop of mounting dues, defaulted debts and unpaid employees - currently at Rs415bn, including Rs166bn payable liabilities - while production rests at a measly 8% ...

Largest Industrial Complex of Pakistan - Pakistan Steel Mills

Address: Pakistan Steel Bin Qasim Karachi 75000 Pakistan : Tel: +92 - 21 -9 9264222 +92 - 21 - 34750271 : Fax: +92 - 21 -34750156: Email: [email protected]