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Plan proposed for Pakistan Steel Mills a disaster: CJP

ISLAMABAD The Supreme Court on Thursday expressed annoyance over Pakistan Steel Mills (PSM) administration and ordered the authorities to submit a brief report about the mills. The top court also directed the government to submit its plan about running Pakistan Steel Mill

Steel Mills revamp plan may lead to disaster, warns SC

Jul 17, 2020· ISLAMABAD: The Supreme Court on Thursday questioned the federal government’s initiative to revamp the ailing Pakistan Steel Mills (PSM) and warned the plan might lead to a disaster.

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

Call for probe into ‘deliberate destruction’ of Steel Mills

May 18, 2020· ISLAMABAD: Amid disbursement of Rs1.3 billion by the finance ministry as partial payment of retirement dues to former employees of Pakistan Steel Mills, a

Revamping Pakistan Steel Mills The Nation

Jun 12, 2020· Announcing the ECC decision to sack over 9300 workers of the Steel Mills as part of the government plan to revamp the entity, the Federal Industries Minister Hammad Azhar said that with a view to revive the industrial unit, it was imperative to move away from an owner and operator mode to that of owner and policymaker and include the private sector in these efforts.

Rs40bn needed to clear dues of 7,884 employees: PSM

ISLAMABAD: The Pakistan Steel Mills (PSM) management on Friday furnished a report before the Supreme Court, claiming that Rs40 billion would be required to clear liabilities of 7,884 of its 8,884

Govt to lease out Steel Mills to generate funds Pakistan

This is a disaster, it is shut down and we are still paying salary. All thanks to the former Chief Justice of Pakistan Iftikhar Chaudry who halted the privatization of Pakistan Steel mills

Pakistan Steel Mills Wikipedia

Pakistan Steel Mills are one of the enormous and gigantically expanded industrial complex in the country that is located at a distance of 40 km Southeast of Karachi at Bin Qasim near Port Muhammad Bin Qasim. It was found to be an ecologically preferable location, alongside a tidal creek and having a wind direction away from the city of Karachi.

STEEL SECTOR OVERVIEW PACRA

Pakistan Steel Industry Imported Quantity and Price Production and Import Mix • Hike in Jan-19 is consequent to Vale’s dam disaster (Brazil). The global iron-ore market is in and blast furnaces have incentivized mills to use more scrap in basic oxygen furnace. 2) US

Revamping Pakistan Steel Mills The Nation

Announcing the ECC decision to sack over 9300 workers of the Steel Mills as part of the government plan to revamp the entity, the Federal Industries Minister Hammad Azhar said that with a view to revive the industrial unit, it was imperative to move away from an owner and operator mode to that of owner and policymaker and include the private sector in these efforts.

The demise of Pakistan Steel Mills Herald

Dec 10, 2018· The entrance to Pakistan Steel Mills Photographs by Mohammad Ali, White Star. On the far-east side of Karachi’s coast, the wind is always strong. Except that on a recent day in August, not a leaf is stirring. The ride on a road that branches off Karachi Thatta National Highway and leads to Pakistan Steel Mills is as suffocating as it is bumpy.

SAMAA Steel Mill employees block Karachi-Thatta National

Demonstrators blocked the National Highway in Karachi Monday morning for a short time to protest against the privatization of the Pakistan Steel Mills. The protesters were current and retired

Pakistan Steel Mills: Sisyphean story of mismanagement

Jun 11, 2020· Pakistan Steel Mills suffered a loss of Rs.10bn due to corrupt practices in that year; mismanagement and negligence caused further damages of Rs.12bn, and business losses stood at Rs.5bn. By 2013, its productive capacity had further declined to 14 percent, and losses amounted to around Rs.100bn. By comparison, currently, International

steel mills The Nation

Plan proposed for Pakistan Steel Mills a disaster: CJP . July 17, 2020, By SHAHID RAO. Three steel mills sealed over pollution . September 14, 2019, By APP. PTI government plans to privatize Pakistan Steel Mills . 1:46 PM May 08, 2019, By Web Desk. Rs480m gas theft detected at steel mills . April 05, 2019, By Our Staff Reporter.

Govt to lease out Steel Mills to generate funds Pakistan

This is a disaster, it is shut down and we are still paying salary. All thanks to the former Chief Justice of Pakistan Iftikhar Chaudry who halted the privatization of Pakistan Steel mills

PM directs speedy revival of Pakistan Steel Newspaper

In my previous life, I worked as an engineer for one of the nationalized steel mills in Karachi and it was a disaster. Inept management full of corruption and nepotism is all we had in the mill

Pakistan Steel Mills: Latest News & Videos, Photos about

Dec 09, 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

Pakistan Steel Industry National Steel Advisory Council

(1) Pakistan Steel Mills (PSM) has been out of commission since June 2015 (2) Peoples Steel Mills’ seamless pipe plant will be operational in March 2019 (3) 450,000 MT capacity of Spiral Welded Pipes & Polymer Coated Pipes includes Crescent Steel & Allied Products Ltd. and Data Steel

Dumper For sale in Pakistan Golden Steel Mills

Dumper Truck Price in Pakistan, Dumper For sale in Pakistan, dumper truck manufacturer in pakistan, Hydralic jack truck in pakistan, Loading truck. Call Us Toll Free! +92 3244500005 Golden Steel Mills

Bilal Steel Mills

Bilal Steel Mills a name of trust. We are the second organization which has introduced Ladle Refining Furnaces in Pakistan. LRF is a proven technology used for producing alloy steel, depolarizing liquid steel. Ladle Refining is a post melting treatment that is after melting in either the induction melting or Electric Arc Furnace.

FF Steel Grade 60 Steel Manufacturer in Pakistan

It can be quite a challenge to find the right steel manufacturer; one you like working with and whose factory Manufactures the best quality product at a fair price. FF steel is the only manufacturer to exclusively produces grade 60 deformed steel bars according to ASTM 615 and ASTM 706.

SAMAA Pakistan Steel Mills only require 1,000 employees

The Pakistan Steel Mills is going to keep 1,000 employees and fire the remaining 7,884 people because of overstaffing, the authorities said in a report submitted to the Supreme Court on Friday.

Coronavirus: Pakistani government lays off thousands of

Read more: Pakistan risking disaster with its contentious coronavirus strategy. (HRCP), an NGO, said it was "horrified at reports that 9,300 plus Pakistan Steel Mills employees may be laid off."

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