Tag: Pakistan Steel Mills

Sugar export allowed by ECC

PAR Mar 29, 2017 0

The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 0.2 million metric tons of sugar within a period of sixty days after th...

37 special zones to boost production

PAR Feb 13, 2017 0

ISLAMABAD: The government has devised a comprehensive plan to set up 37 special economic zones (SEZs) across four provinces and special areas under th...

Chinese, Pakistani businesses build ties as Beijing splurges on 'Silk Road'

PAR Feb 3, 2017 0

Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening tie...

Iranians arrive with a view to cutting Steel Mills deal

PAR Dec 26, 2016 0

A 10-member delegation of Mobarakeh Steel Company of Iran has reached Karachi to examine possibilities of acquiring Pakistan Steel Mills (PSM) as Chin...

Steel Mills finding no buyers, National Assembly body told

PAR Dec 23, 2016 0

Secretary Industries and Production Khizer Hayat Gondal said Wednesday that although the government has no plan to review its privatisation plan of Pa...

ECC okays Steel Mill employees salaries

PAR Dec 16, 2016 0

The Economic Co-ordination Committee (ECC) of the Cabinet on Thursday approved one-and-a-half-months salaries for the Pakistan Steel Mills employees....

PC clarification

PAR Dec 16, 2016 0

In response to various media reports that Pakistan Steel Mills (PSM) would be privatised in three months and also that its land is estimated at Rs 7 m...

Pakistan Steel Mills directed to sell inventory to settle debt

PAR Dec 2, 2016 0

The government on Thursday directed Pakistan Steel Mills’ (PSM) management to partly settle its domestic liabilities by selling the inventory while al...

PSM's woes: Industries Secretary said paid out higher salaries than sanctioned

PAR Nov 29, 2016 0

Pakistan Steel Mills (PSM) is reportedly accusing Secretary Industries and Production (MoI&P) Khizer Hayat Gondal of putting the management in a v...

Chinese and Iranian companies interested in leasing PSM

PAR Nov 24, 2016 0

Chinese and Iranian state-owned companies are interested in taking over loss-making Pakistan Steel Mills (PSM) as part of a long-term lease deal, Priv...

Utilization of proceeds: Zubair expresses anger at official for ignoring instructions

PAR Nov 18, 2016 0

Chairman, Privatisation Commission (PC), Muhammad Zubair, has reportedly expressed anger at Secretary Industries and Production/CEO Pakistan Steel Mil...

Probe into corruption, losses in PSM: SC urged to seek implementation report from NAB chief

PAR Nov 17, 2016 0

Chairman Watan Party Barrister Zafarullah Khan on Wednesday urged the Supreme Court to seek implementation report from Chairman National Accountabilit...

PSM employees: ECC to approve two months salaries today

PAR Oct 31, 2016 0

Economic Co-ordination Committee (ECC) of the Cabinet on Monday (today) will approve two months (June-July) 2016 salaries of Pakistan Steel Mills (PSM...

Rs 62.8 billion loss to be approved by PSM BoD

PAR Oct 22, 2016 0

Pakistan Steel Mills (PSM) Board of Directors (BoD) dominated by the public sector, in its meeting on October 24, 2016, is expected to approve a three...

Coal stock yard: transfer of PSM land to PQA likely

PAR Oct 21, 2016 0

Pakistan Steel Mills (PSM) Board of Directors(BoD) scheduled to meet on October 24, 2016 is likely to give green signal to the management to transfer...