By Ramla Zubair The Economic Coordination Committee (ECC) of the Cabinet approved the retrenchment plan of Pakistan Steel Mills (PSM) to reduce the government's financial burden. Since 2008-09, Pakistan's government has been paying PKR 58 billion to PSM to cover worker salaries through bailout packages.

Feb 04,  · The Chief Justice of Pakistan said that the remaining 3,700 employees of the steel mills will be dismissed today, adding that 390 out of 437 officers of the mill will also be removed from their

There was a time when working for Pakistan Steel Mills meant a secure future, just like working for any other government entity. A stable income, being able to build a house by the time you retire,

Model Steel group of companies is working since 1969 as one of the best steel mills in Pakistan. It is also the top ranked steel mills of the country. Model Steel is like the bright st the firmament of steel industry of Pakistan. Our valuable customers & we have based our strong business relations on the grounds of truth, sincerity, quality & caring sales attitude.

Pakistan Steel Industry Pakistan has made noticeable progress in almost all-important sectors of the economy – agriculture, commerce, industry and services. Although, primarily an agro-based economy, the contribution of engineering, automotive, building and construction sectors in

Dec 09,  · The story of Pakistan Steel Mills (PSM) traces back to the birth of Pakistan. The first prime minister of Pakistan, Liaqat Ali Khan realized the importance of having country’s own production of iron and steel. CLosing of Pakistan Steel Mills will put thousands out of work.

KARACHI: Coal importers from the private sector have sought government's permission to use Pakistan Steel Mills' (PSM) idle jetty, cargo conveyor belt and other equipment until the Pakistan

INTRODUCTION • The contract was done Mr Zulfiqar ali Bhutto founded the base of PSM in July 2,1973.Mr Zia Ul Haq was inaugurated the steel mill January 15,1985. • Area covered by Pakistan steel mill is 19000 acres and Port Qasim and national highway are also attached to it.

Jul 27, · As per the work experience, the recommended candidate has worked in Pakistan Steel from 1980-1993, GM Moscow of Metals Russia HK from 1993-96, SVP and Deputy Chairman of ISTIL (Ukraine) from 2000- , SVP of Donetsk MMZ from -9, GM of ISTIL group from 2009-11, CEO of Rustavi Steel from 2011-15, and owner/director/President of Crescent Fesh

In 1968 the Government of Pakistan decided that the Karachi Steel Project should be sponsored in the public sector, for which a separate Corporation, under the Companies Act, be formed. In pursuance of this decision, Pakistan Steel Mills Corporation Limited was incorporated as a private limited company to establish and run steel mills at Karachi. Pakistan Steel Mills Corporation concluded an

Our manufacturing unit is located at 23-KM, Sheikhupura Road, Lahore namely "Bilal Steel Mills (Pvt) Limited." We are the second organization which has intriduced Ladle Refining Furnaces in Pakistan. LRF is a proven technology used for producing alloy steel, despilhurizing liquid steel.

About Us. The journey of Koh-e-Noor Steels started way back in early 1980s when our chairman Mian Muhammad Saeed laid foundation of a steel manufacturing facility in Lahore with a vision to provide quality steel bars in the region. Initially the products were manufactured and supplied under the brand name of “NAZIR STEEL”, which were of premium quality and made huge impact in steel industry from

Pakistan's 1st multinational steel group and one of the leading steel rebar producer in Pakistan using state of art fully automatic steel plant. See more. QUALITY REBAR. PROCESS TECHNOLOGY.

Pakistan Steel Mills Corporation | 8,071 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

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

Apr 05,  · Pakistan steel mill need huge money injection to stay Afloat: At present the mill is running at only 3% of production capacity. Pakistan steel mill the biggest and only integrated steel mill in pakistan, is going through its worst financial and production crisis in its history of three decades. The mill has not only accumulated huge losses

Aisha Steel Mills Limited (ASML) is a Group Company of Arif Habib. ASML is a state of the art cold rolling & hot dipped galvanized rolling complex with an overall capacity of 700,000 metric tons per annum. ASML is one of the largest private sector investments in the value added flat-rolled steel industry in Pakistan. Read More. Financial. Reports.

Pakistan Steel Mills only require 1,000 employees, authorities tell court. 7,884 employees to be fired Read More. June 5, . Supreme Court to take up Pakistan Steel Mills employees case.

Feb 09,  · During the hearing, the Chief Justice expressed resentment over the sorry state of Pakistan steel mills and asked the federal ministers what should be done with the steel mills. The daily expenses of the mill are being incurred without any reason, Chief Justice Gulzar remarked.

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 on

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 19 state-owned entities that