2023.10.20 (s) Pressed Bundled Steel Scrap 156,739 (t) Mis-Cast Steel Heavy ScrapSkull Breaker Scrap 142,503 (u) Mis-Cast Steel Heavy Scrap 157,118 (v) Steel Scrap (Mixed) 151,624 (w) Steel Scrap (Mixed Grade) 159,026 (x) Steel Scrap Sheet 184,754
Read More2023.10.24 The current steel rate in Pakistan as of October 2023 is based on the official price list from PSM. The price list provides the ex-mill price per kilogram (kg) or
Read More2023.6.16 Announcement. Procurement Manual. Price List. Tender. Bids Evaluation Reports. Disposal of Bearings. Product Allocation (NOR) Stock for Allocation. Process of
Read MoreThe construction industry in Pakistan is a vital one for its economy and there are many steel mills in Pakistan that make high-quality steel. Here is a list of the Top Steel Mills in
Read More2023.10.5 Table of Contents Top Steel Companies in Pakistan: Key Takeaways Pakistan Steel Aisha Steel Mills Limited (ASML) AFCO Steel Ashraf Fabrication and
Read More2022.12.21 Domestic steel producers have further increased the prices of steel rebars by Rs. 2,000 per ton on Wednesday. Retail prices now stand in the range of Rs.
Read More2022.2.3 Hassan, A. (2018). Pakistan Steel Mills Losses Grow to Over Rs. 200 Billion. Retrieved from ProPakistani.pk: propakistani.pk/2018/07/04/pakistan-steel
Read More2006.10.9 Pakistan Steel Mill is selling billets of 90 × 90 mm/ 100 x 100 mm and 105 × 105 mm in the local Pakistani market at PKR 27,500/ton ($454/mt) ex-mill, excluding
Read More2013.6.6 Pakistan Steel Mills Corporation (PSMC)—once a highly profitable organization and considered one of the largest and sole steel producers in Pakistan—is
Read More2022.9.13 Pakistan Steel Mills Corporation is the largest steel mill in Pakistan, which is fully owned by the country’s government. The plant produces pig iron, billets, hot-rolled and cold-rolled steel, and galvanized products. The production capacity of the enterprise is 1.1 million tons of steel per year. It can be increased to 3 million tons per year.
Read More2019.7.1 restructuring, the Pakistan Steel Mills was able to tur n things around and become a profitable entity of the years “2002 - 03, 2003 - 04, 2004 - 05” (Supreme Court of Pakista n, 2006)
Read More2019.1.2 Pakistan Steel is a costal site which lies on the National Highway and is linked to the railway network. Spread over an area of 18,600 acres (29 square miles) with 10,390 acres for the main plant, 8070 acres
Read More2016.2.17 At sunset, the remaining 7,000 workers pile into buses for homes in Karachi. A general view of the deserted hot strip mill department of the Pakistan Steel Mills (PSM) on the outskirts of Karachi ...
Read More2023.11.13 ISLAMABAD: The Ministry of Privatisation is all set to hand over Pakistan Steel Mills (PSM) to the Ministry of... AIRLINK 54.09 Increased By 0.39 (0.73%) BOP 6.27 Increased By 0.03 (0.48%)
Read More2017.1.17 89. ISLAMABAD: As Pakistan Steel Mills (PSM) continues to pile up liabilities, the government is considering leasing the country’s largest industrial complex to a private concern for 45 years ...
Read More2023.11.19 BaoSteel and Donghua visited Pakistan to conduct an on-site visit of the PSM plant, the Iron Ore and Coal Berth Jetty (IOCB), and the steel mill’s allied infrastructure in June and August 2022.
Read More2016.8.8 13. ON June 23, 2006, a bench of the Supreme Court headed by then chief justice Iftikhar Chaudhry struck down the privatisation of Pakistan Steel Mills by means of a long, rambling judgment. The ...
Read More2013.11.10 The mill started commercial operations on December 25, 1984. The Soviet Union established 35 steel mills in different countries and 1.1 million tons was the standard capacity of those mills. PSM ...
Read More2022.10.28 ISLAMABAD: The Economic Coordination Committee (ECC) of Cabinet Thursday approved Rs1.378 billion net salary of Pakistan Steel Mills (PSM) employees for fiscal year (2022-23) and decided that ...
Read More2021.11.19 THE PAKISTAN STEEL RE-ROLLING MILLS ASSOCIATION LIST OF MEMBERS Lahore Circle S. No Membe r Ship No Company Name Type of Business Business Address N.T.N. of the Company ... 36 LR97 Agro Steel Mill S.R.R Alia Town, Mehmood Booti Bund Road, Lahore. 1746615-6 03-03-7213-253-83 Tel:042-36885427
Read More2023.10.24 The current steel rate in Pakistan shows an increase compared to the previous months and years. For example, the ex-mill price of billet was 155 PKR/kg in September 2023, 145 PKR/kg in August 2023 ...
Read More2022.9.3 Pakistan’s reliance on imported raw materials for the steel industry is increasing steadily. Total production during 2016-17 was around 7.7 million tons having an import dependency of 55 percent ...
Read More2013.6.6 Abdul Rahman Zaki is currently the chairman of Karachi University Business School, and co-coordinator evening program at University of Karachi, Pakistan. Prof. Zaki supervises a number of scholars pursuing doctoral programmes. With more than 25 years of teaching experience, his research interest focuses on Export Marketing, International
Read More2022.8.24 ISLAMABAD, Aug 16, (INP-WealthPK): Pakistan can save its foreign exchange and reduce the import bill by exploring and processing the local reserves of iron ore, which are sufficient to feed its steel mills, WealthPK reports. The indigenous sources of iron ore can meet at least 47 percent of Pakistan steel’s demand to feed the blast
Read More2022.9.12 The Government of Pakistan has received an offer of $ 1-1.5 billion for the purchase of majority stakes in Pakistan Steel Mills (PSMC). Sources told Propakistani that four Chinese companies have ...
Read More2020.6.11 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,
Read More2023.10.6 ISLAMABAD: The caretaker government has reportedly decided to privatise Pakistan Steel Mills (PSM) on Government to... AIRLINK 54.09 Increased By 0.39 (0.73%) BOP 6.27 Increased By 0.03 (0.48%)
Read More2013.7.25 This clearly shows that Pakistan Steel Mills should have been privatised in 2006. The Supreme Court decision to declare this privatisation null and void has cost the people of Pakistan Rs150 ...
Read More2023.10.5 Pakistan Steel. Pakistan Steel is the largest state-owned steel producer in Pakistan, with a production capacity of 1.1 million tons per year. It was established in 1973 with the help of the Soviet Union as part of the Pakistan Steel Mills Corporation (PSMC). It is located at Bin Qasim in Karachi and covers an area of 18,660 acres.
Read More2024.1.9 That is why he is taken abroad. Large iron and steel mills are located in Karachi and Taxila. Which are briefly mentioned below. (A) Pakistan Steel Mill Karachi: The mills have been set up near Bin Qasim Port, 40 km from Karachi. Work on the mill began in 1973 with the help of Russia, and produces pig iron, iron sheets, coal wire, and more ...
Read More2016.3.30 Source: Pakistan Steel Mills t. Second Quarterly Report for FY16 77 industry with their large scale and modern technology, if adequate policy support is provided. In view of the significance of steel for other sectors of the economy, Pakistan needs a clear and consistent policy. Such a policy should identify segments in the
Read Moreof Pakistan Steel Mills was Rs. 13 billion 5 .The average annual capacity utilization of PSM in 1983 was 3% which rose to 95% in 1990, except for a slight decline in the early 1990s. This sub economical PSMC earned
Read More2023.10.26 ISLAMABAD: Pakistan Steel Mills (PSM) Stakeholders Group has sought appointment from Ministry of Industries and... AIRLINK 54.09 Increased By 0.39 (0.73%) BOP 6.27 Increased By 0.03 (0.48%)
Read More2023.9.22 KARACHI: Three out of four parties from China that qualified to potentially acquire Pakistan Steel Mills (PSM) are no longer interested in the transaction, Pakistan’s caretaker privatization minister said on Thursday. Pakistan’s caretaker government moved on Thursday to improve governance at state-owned companies and earmarked 10 for
Read More2014.10.27 Steel Mills at standstill. ISLAMABAD: Having added Rs53 billion losses to its stock of Rs258bn debt and liabilities in 16 months, Pakistan Steel Mills has remained shut for three weeks and there ...
Read More2021.9.1 The government and the Pakistan Steel Mills Corporation (PSMC) on Tuesday invited expressions of interest (EoIs) through Privatisation Commission, from prospective investors to acquire at least 51 ...
Read MorePakistan Steel Mills Corporation 9,622 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 costal site which lies on the National Highway and is linked to the railway network. Spread over an area of 18,600 acres (29 square miles) with 10,390 acres for the main
Read More2023.3.27 Steel mill was established in 1968, and the government decided to sponsor a state-owned Karachi steel mill. It was separate corporation according to the Act of 1913. In 1973, Mr. Zulfiqar Ali Bhutto laid the foundation of the Pakistan steel industry. In January 1971, the Soviet Union signed a letter and ensured to deliver technology
Read More2021.3.23 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 ...
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