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Tag: PSM

Pakistan Steel Mills
Pakistan
  • Zafar Ali
  • Dec 22, 2023
Pakistan Steel Mills grapples with dwindling funds to pay mosque’s 37 staff

The crumbling edifice of PSM bears the weight of 37 people in its mosque, whose livelihoods depend on the meagre funds deducted from the pockets of regular employees

IMF delegation
Latest
  • WEB DESK
  • Nov 06, 2023
IMF review prompts fresh focus on state-owned enterprise losses

the Privatization Commission disclosed that there was a lack of interest in acquiring Pakistan Steel Mills (PSM) due to its substantial accumulated losses,

Pakistan Steel Mills
Pakistan
  • Abobakar Khan
  • Oct 26, 2023
Pakistan Steel Mills lays off over 5,000 employees in four years

The committee was also informed that a copper theft of Rs4.7 million occurred at the PSM in the presence of Rangers personnel

  • Abobakar Khan
  • Aug 02, 2023
Govt leases Pakistan Steel Mills to a ‘private’ company it owns

PSM will continue to function under the administrative supervision of the Ministry of Industries and Production (MoI&P)

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