Tag: Steel
SC issues contempt notice to Rehman Malik
The Supreme Court of Pakistan (SC) has issued contempt of court notice to Interior Minister Rehman Malik on violating court’s orders in Pakistan Steel...
Steel mill blacked out, KWSB next on KESC’s chopping block
The Karachi Electric Supply Company (KESC) disconnected on Tuesday the electricity supply to the Pakistan Steel Mills (PSM) and also warned the Karachi Water...
Smuggled steel products hamper PSM production
Increasing number of smuggling of steel products from neighbouring country is hampering the production of Pakistan Steel Mills (PSM) which is already running below...
Steel manufacturers show serious concern over MFN status to India
Local steel manufacturers showed concern over giving status of Most Favoured Nation (MFN) to India, saying it would pose threats to the steel industry...
Steel Manufacturers show concern over MFN Status to India
Local Steel manufacturers showed concern over giving status of Most Favoured Nation (MFN) to India, saying it would pose threats to the steel industry...
Turkey shows interest in steel sector
Foreseeing the immense demand of steel in Pakistan during the next few years due the government’s plans to construct mega hydel power projects...
PSM losing local raw material for manufacturing steel products
Pakistan Steel Mills (PSM) which is going through severe financial crisis is also losing local raw material for manufacturing steel products due to its...
Steel price jumps up by Rs5,000 per tonne
Over 70 per cent of steel manufacturing units in Punjab have announced a complete shutdown for one month due to gas curtailment. The forced...
Gilani reviews restructuring of Pak Steel Mills
A meeting was held under the Chairmanship of Prime Minister Syed Yusuf Raza Gilani at the PM House yesterday in which the Ministry of...
Steel Mills issues charge sheet against five officers
Administration of Pakistan Steel Mills has issued charged sheets against five of its officers who were named in the forensic audit report for being...
Russian grant for Pakistan Steel Mills to be evaluated
The grant of $500m announced by Russia for Pakistan Steel Mills (PSM) would not be of the same monetary value once they have evaluated...
Pakistan Steel to seek Rs 10b bailout package
The Pakistan Steel Mills management has decided to ask the government for a bailout package of Rs 10 billion for which it has prepared...
Two shipments of iron ore to arrive at Steel Mills
Two shipments of raw material containing 55000 MT Iranian fine Iron ore and 55000 MT coal are scheduled to arrive at Pakistan Steel Mills...
Posco to invest $15m in Tuwairqi Steel Mills Limited
The South Korean steel giant POSCO is to invest $ 15 million equity in Tuwairqi Steel Mills Limited (TSML), and in this regard a...
Ship breaking industry fulfills 70pc iron, steel requirements
With the revival of work in Gaddani shipyard in Balochistan, the ship-breaking industry has been currently meeting 70 per cent iron and steel requirements...
FIA unable to catch any ‘big fish’ in Steel Mills case:...
ISLAMABAD - Chief Justice Supreme Court, Iftikhar Muhammad Chaudhry on Wednesday criticised Federal Investigation Agency (FIA) on its role in Steel Mills corruption and losses case.
He said if FIA was unable to investigate then the responsibility can be given to another institution.
CJ said FIA was unable to catch any 'big fish' in the case yet, a private TV reported.
The apex court has taken up a suo motu case relating to corruption and huge losses suffered by the
He said if FIA was unable to investigate then the responsibility can be given to another institution.
CJ said FIA was unable to catch any 'big fish' in the case yet, a private TV reported.
The apex court has taken up a suo motu case relating to corruption and huge losses suffered by the
