Pakistan Pakistan Steel Mills

PAKISTAN STEEL Largest Industrial Complex of Pakistan

WELCOME TO PAKISTAN STEEL : PUBLIC AWARENESS REGARDING USEFULNESS OF PAKISTAN CITIZEN'S PORTAL. Pakistan Citizens' Portal- A Mobile application to lodge complaints regarding Government Departments. All the government institutions are answerable to the general public through this portal as they are properly replying to the complaints lodged by common people regarding service delivery. Pakistan ...

Pakistan Steel Mills sacks officers in seven categories ...

23/03/2021· KARACHI: Pakistan Steel Mills (PSM) has terminated the services of a number of officers falling in seven categories, with former employees estimating that around 500-600 officers have been ...

Model Steel - Steel Mills in Pakistan - Re-Rolling Mills ...

Out of all the steel mills in Pakistan, Model Steel Mills is the only mill which pays attention to each and every detail of it’s products. We have the largest dealer network across Pakistan delivering the best quality steel bars, which are used in construction of commercial buildings, housing projects, engineering industry, bridges, dams and public buildings in Pakistan etc. Installed ...

Golden Steel Mills | block making machine & batching …

Golden Steel Mills is one of the leading plant and machinery manufacturing and engineering company of Pakistan, owned and managed by a team of well experienced professional workers, dealing with all kinds of contracts for manufacturing plant and machinery. Steel fabrication and Engineering is the main field of its interest and activity.

Pakistan Steel Mills: Sisyphean story of mismanagement ...

11/06/2020· Pakistan Steel Mills suffered a loss of Rs.10bn due to corrupt practices in that year; mismanagement and negligence caused further damages of Rs.12bn, and business losses stood at Rs.5bn. By 2013, its productive capacity had further declined to 14 percent, and losses amounted to around Rs.100bn. By comparison, currently, International Industries Limited (IIL), Pakistan’s largest …

Pakistan Steel Mills: Latest News & Videos, Photos about ...

29/11/2014· Pakistan Steel Mills Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Pakistan Steel Mills Blogs, Comments and Archive News on Economictimes.com Have you read these stories? Decision on lockdown in Maha after Apr 14. Updated: Apr 12, 2021, 12.00 AM IST "Duration of the lockdown and how to handle its economic fallout was …

Largest Industrial Complex of Pakistan - Pakistan Steel Mills

As a result on the 2nd of July, 1968 Pakistan Steel Mills Corporation was setup as a private limited company in the public sector in accordance to the Companies Act of 1913, with the objective to establish and run steel mills at Karachi and other places in Pakistan. In January, 1969, Pakistan Steel concluded an agreement with V/O Tiajproexport of the then USSR for the preparation of a ...

Pakistan Steel Mills terminates 4544 employees: spokesman

27/11/2020· The Pakistan Steel Mills (PSM) on Friday sacked its 4,544 employees and sent their termination letters via post, a spokesman of the mills said.

Model Steel - Steel Mills in Pakistan - Re-Rolling Mills ...

Out of all the steel mills in Pakistan, Model Steel Mills is the only mill which pays attention to each and every detail of it’s products. We have the largest dealer network across Pakistan delivering the best quality steel bars, which are used in construction of commercial buildings, housing projects, engineering industry, bridges, dams and public buildings in Pakistan etc. Installed ...

Golden Steel Mills | block making machine & batching …

Golden Steel Mills is one of the leading plant and machinery manufacturing and engineering company of Pakistan, owned and managed by a team of well experienced professional workers, dealing with all kinds of contracts for manufacturing plant and machinery. Steel fabrication and Engineering is the main field of its interest and activity.

Why 'friend' China will not save Pakistan Steel Mills?

Islamabad’s decision to lay-off 4,544 employees of the debt-ridden Karachi-based Pakistan Steel Mills (PSM) has ignited a political war between the government and Pakistan Peoples’ Party (PPP). From a purely economic point of view, retrenchment on such a massive scale was inevitable since Pakistan Steel Mills has proved to be a liability with an accumulated debt of more that 200 billion ...

Pakistan Steel Mills: Sisyphean story of mismanagement ...

11/06/2020· Pakistan Steel Mills suffered a loss of Rs.10bn due to corrupt practices in that year; mismanagement and negligence caused further damages of Rs.12bn, and business losses stood at Rs.5bn. By 2013, its productive capacity had further declined to 14 percent, and losses amounted to around Rs.100bn. By comparison, currently, International Industries Limited (IIL), Pakistan’s largest …

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 capitalise on its potential. When Lt Gen Sabeeh Qamaruzzaman took over as Chairman PSM in Jan 1992 it was ...

Pakistan Steel Mills: Latest News & Videos, Photos about ...

29/11/2014· Pakistan Steel Mills Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Pakistan Steel Mills Blogs, Comments and Archive News on Economictimes.com Have you read these stories? Decision on lockdown in Maha after Apr 14. Updated: Apr 12, 2021, 12.00 AM IST "Duration of the lockdown and how to handle its economic fallout was …

Key players of the steel industry in Pakistan – Pakistan ...

16/04/2018· Aisha Steel Mills Limited (ASML) was incorporated in 2005 to set up a steel mill in the downstream Industrial Estate of Pakistan Steel, Bin Qasim Karachi. Three renowned groups i.e. “UNIVERSAL METAL CORPORATION JAPAN”, “METAL ONE” (group company of Mitsubishi Corporation Japan) and “ARIF HABIB GROUP” have entered into a joint venture to run and operate the steel mill…

Paksteel

PAK STEEL is the leader in engineered special bar quality products in Pakistan and produces a wide range of product shapes, sizes, grades and finishes. We also have a number of strategically located manufacturing and value-added facilities. Pak Steel manufactures hot-rolled carbon steel bars in deformed, rounds, squares, flats, and special shapes along with an array of value-added products and ...

Largest Industrial Complex of Pakistan - Pakistan Steel Mills

As a result on the 2nd of July, 1968 Pakistan Steel Mills Corporation was setup as a private limited company in the public sector in accordance to the Companies Act of 1913, with the objective to establish and run steel mills at Karachi and other places in Pakistan. In January, 1969, Pakistan Steel concluded an agreement with V/O Tiajproexport of the then USSR for the preparation of a ...

'We will order closure of steel mills, removal of all ...

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 ...

Pakistan Steel Mills terminates 4544 employees: spokesman

27/11/2020· The Pakistan Steel Mills (PSM) on Friday sacked its 4,544 employees and sent their termination letters via post, a spokesman of the mills said.

Why 'friend' China will not save Pakistan Steel Mills?

Islamabad’s decision to lay-off 4,544 employees of the debt-ridden Karachi-based Pakistan Steel Mills (PSM) has ignited a political war between the government and Pakistan Peoples’ Party (PPP). From a purely economic point of view, retrenchment on such a massive scale was inevitable since Pakistan Steel Mills has proved to be a liability with an accumulated debt of more that 200 billion ...

SAMAA - pakistan-steel-mills

Pakistan Steel Mills only require 1,000 employees, authorities tell court. 7,884 employees to be fired Read More. June 5, 2020 . Supreme Court to take up Pakistan Steel Mills employees case. ECC ...

A stillborn Pakistan Steel Mills - nation.com.pk

Pakistan Steel Mills can rightly be called a stillbirth; a wish that never was: a case of chasing shadows: and a dream turned nightmare; not because it was destiny but for other factors. Too many misleading analyses have been written on the Steel Mill’s affairs. A detailed analysis of events leads to the inevitable conclusion that the governmental cases of privatisation since 1998, rejected ...

Privatisation of Pakistan Steel Mills: High Court refuses ...

Minister for Industries and Production Hammad Azhar said that the government had decided to privatise Pakistan Steel Mills as it had become a burden on the national exchequer-- File photo

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 capitalise on its potential. When Lt Gen Sabeeh Qamaruzzaman took over as Chairman PSM in Jan 1992 it was ...

Who Played Role in the Destruction of Pakistan Steel Mill?

05/06/2020· Pervez Musharraf had left Pakistan Steel Mills at a profit of Rs. 9 billion, but as soon as the PPP government came, it started indiscriminate political recruitments. At the same time, corruption cases were also brought against the head of the steel mills set up by the Pakistan People’s Party. Two FIA officers were replaced by the then Interior Minister Rehman Malik, who were appointed for ...

Key players of the steel industry in Pakistan – Pakistan ...

16/04/2018· Aisha Steel Mills Limited (ASML) was incorporated in 2005 to set up a steel mill in the downstream Industrial Estate of Pakistan Steel, Bin Qasim Karachi. Three renowned groups i.e. “UNIVERSAL METAL CORPORATION JAPAN”, “METAL ONE” (group company of Mitsubishi Corporation Japan) and “ARIF HABIB GROUP” have entered into a joint venture to run and operate the steel mill…

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