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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.

NAB to probe reasons behind downfall of Pakistan Steel Mills

Dec 29, 2017 NAB to probe reasons behind downfall of Pakistan Steel Mills. By . He raised the important point that the steel mills were draining Rs1.4 billion

Pakistan Steel Mills Losses Grow to Over Rs. 200 Billion

Jul 04, 2018 Pakistan Steel Mills (PSM) is in an utter state of disrepair, as its total losses have swelled to over Rs 200 billion. The last time PSM was profitable was during the financial year 2007-08 when

NAB initiates inquiry into Pakistan Steel Mills downfall

ISLAMABAD: The National Accountability Bureau (NAB) has decided to put all those responsible for the downfall of the Pakistan Steel Mills (PSM) and loss of billions of rupees to the national

Pakistan Steel Mills in further trouble as losses swell to

Pakistan Steel Mills in further trouble as losses swell to Rs200b. PPP, PML-N govts failed to prevent collapse of the industrial giant. Zafar Bhutta July 03, 2018.

Pakistan Steel Mills Corporation: SHC dismisses plea to

2 天前 KARACHI: The Sindh High Court (SHC) on Monday dismissed the plea to delink the launching of Gulshan-e-Hadeed Housing Scheme Phase-IV from the privatization process of the Pakistan Steel Mills

Sacked Pakistan Steel Mills workers challenge mass layoffs

KARACHI: Pakistan Steel Mills (PSM) employees on Tuesday challenged the termination of 4,544 workers by the federal government in Sindh High Court (SHC), ARY News reported. The plea was filed by 30 PSM employees in the court. The SHC has sent notices to the federal government and other respondents on a plea filed by PSM

Steel Mills at standstill Pakistan DAWN.COM

The Pakistan Steel Mills was privatized few years back if you all remember but unfortunately the ex Chief Justice of Pakistan took suo moto and cancelled the deal. I saw many a rise and fall

Pakistan Steel Mills Calamity: Reasons of Collapse

Dec 01, 2019 Pakistan Steel Mills was a profitable well-managed organization since its establishment, although was a bit overloaded with extra political recruitment of employees from time to time. PSM even remained a profitable unit in last Military ruler Pervaiz

Pakistan Steel Mills Corporation: SHC dismisses plea to

2 天前 KARACHI: The Sindh High Court (SHC) on Monday dismissed the plea to delink the launching of Gulshan-e-Hadeed Housing Scheme Phase-IV from the privatization process of the Pakistan Steel Mills

Sacked Pakistan Steel Mills workers challenge mass layoffs

KARACHI: Pakistan Steel Mills (PSM) employees on Tuesday challenged the termination of 4,544 workers by the federal government in Sindh High Court (SHC), ARY News reported. The plea was filed by 30 PSM employees in the court. The SHC has sent notices to the federal government and other respondents on a plea filed by PSM

Pakistan Steel Mills Amid Crisis Request PDF

Pakistan Steel Mills Corporation (PSMC)—once a highly profitable organization and considered one of the largest and sole steel producers in Pakistan—is on the verge of collapse and passing

Pakistan Steel Mills The Express Tribune

KARACHI: The issue of Pakistan Steel Mills is of paramount importance.The largest industrial mega-corporation has en on decline for the past many years. It’s considered as a white elephant; the

Govt to deploy Rangers outside Pakistan Steel Mills in

15 小时前 The circulation summary sent to the federal cabinet by the interior ministry said that the employees laid off from the steel mills have staged a sit-in with their families. It said that on January 11, the protesters stormed the office of the CEO of Pakistan Steel Mills and held him hostage.

The downfall of Pakistan Steel Mills Energo Steel

The downfall of Pakistan Steel Mills

Companies from China, Korea, Russia keen to run Pakistan

Jan 26, 2021 Read: Federal cabinet greenlights privatisation of Pakistan Steel Mills Moreover, the other matters relating to the use of jetty, registration of a

Pakistan Steel Mills by Zahanat Hussain PIDE.pdf Zahanat

Pakistan steel mills is on the way of collapse, and suffering from financial assistance and mismanagement (Asim & Zaki, 2013). PSMC started to decline when PPP took power in 2008. There were many other reasons including the global recession and financial crisis of 2009.

Hanif Abid Documentary on Pakistan Steel Mill 1 YouTube

Mar 01, 2011 Hanif Abid Documentary on Pakistan Steel

The Pakistan Steel Mills Dilemma. It’s April 2009. The

It’s April 2009. The month is coming to an end, it’s 29th of the month. My father, who is an officer at Pakistan Steel Mills, comes home with a long-face. My mother asks for an update on his

Pakistan Steel Mill Issues YouTube

Mar 11, 2017 Host Mirza Subhan Baig Guest Muhammad Zafar Khan. Pakistan Steel Mill, Pakistan Steel Mill ek aisa idara jo k ek waqton tak pakistan ki muaishiyat mein ek eham qirdar ada karta raha pakistan

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

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 Corporation: SHC dismisses plea to

2 天前 KARACHI: The Sindh High Court (SHC) on Monday dismissed the plea to delink the launching of Gulshan-e-Hadeed Housing Scheme Phase-IV from the privatization process of the Pakistan Steel Mills

Sacked Pakistan Steel Mills workers challenge mass layoffs

KARACHI: Pakistan Steel Mills (PSM) employees on Tuesday challenged the termination of 4,544 workers by the federal government in Sindh High Court (SHC), ARY News reported. The plea was filed by 30 PSM employees in the court. The SHC has sent notices to the federal government and other respondents on a plea filed by PSM

The demise of Pakistan Steel Mill Pakistan Defence

Oct 31, 2016 Right where the road enters the vast premises of Pakistan Steel Mills, a verse from the Quran is displayed on a billboard: “And we have sent down iron, wherein is great military might and benefits for the people.” Steel Mill Downfall started in Mush era when golden shake hands were given to employees and only those with political

The downfall of Pakistan Steel Mills Energo Steel

The downfall of Pakistan Steel Mills

Govt to deploy Rangers outside Pakistan Steel Mills in

15 小时前 The circulation summary sent to the federal cabinet by the interior ministry said that the employees laid off from the steel mills have staged a sit-in with their families. It said that on January 11, the protesters stormed the office of the CEO of Pakistan Steel Mills and held him hostage.

The Pakistan Steel Mills Dilemma. It’s April 2009. The

It’s April 2009. The month is coming to an end, it’s 29th of the month. My father, who is an officer at Pakistan Steel Mills, comes home with a long-face. My mother asks for an update on his

Pakistan Steel Mill, PIA and Pakistan Railways in ICU. CAIF

Amid Corona Virus epidemic, downfall of economy and coming budget for 2020/21, the questions has again been put forward that how to deal with loss bearing institutions under public sector. The topmost among them are Pakistan Steel Mills, PIA and Pakistan Railways.

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

Pakistan Steel Mill Issues YouTube

Mar 11, 2017 Host Mirza Subhan Baig Guest Muhammad Zafar Khan. Pakistan Steel Mill, Pakistan Steel Mill ek aisa idara jo k ek waqton tak pakistan ki muaishiyat mein ek eham qirdar ada karta raha pakistan k

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 industry will meet future demand The

Pakistan Steel Mills Pakistan Steel Mills Corporation (Pvt.) Limited, also known as Pak Steels, is a ding to Headquartered in Karachi, Sindh Province of Pakistan, the PSM is currently the largest industrial mega corporation, having a production capacity of 1.1, 5.0 million ton of steel and iron foundries.

End of an era for Pakistan Steel Mills Pakistan Gulf News

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

Exploiting Pakistan's steel mills Global Village Space

Employing more than 40000 workers, Pakistan Steel Mills (PSM) was a gigantic force-multiplier for employment downstream in directly contributing to the national economy. Once a prized asset, the PSM now resembles a black hole and a burden on the economy, successive govts failing to

ECC approves firing all Pakistan Steel Mill employees

Jun 03, 2020 ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approved firing all employees of the Pakistan Steel Mills (PSM), Though the mills have been closed for years, they are running a Rs550 billion deficit and billions are being spent on debt servicing.