steel mills disaster in pakistan

  • Plan proposed for Pakistan Steel Mills a disaster: CJP

    ISLAMABAD - The Supreme Court on Thursday expressed annoyance over Pakistan Steel Mills (PSM) administration and ordered the authorities to submit a brief report about the mills. The top court also directed the government to submit its plan about running Pakistan Steel Mill

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  • Pakistan Steel Mills sacks officers in seven categories ...

    Mar 23, 2021  KARACHI: Pakistan Steel Mills (PSM) has terminated the services of a number of officers falling in seven categories, with former employees estimating that

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  • Steel Mills revamp plan may lead to disaster, warns SC ...

    Jul 17, 2020  ISLAMABAD: The Supreme Court on Thursday questioned the federal government’s initiative to revamp the ailing Pakistan Steel Mills (PSM) and warned the plan might lead to a disaster.

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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.

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  • Pakistan is fast running out of Oxygen but reviving this ...

    Apr 26, 2021  The Pakistan Steel Mills (PSM) employees have demanded the government to reactivate a Steel Mills oxygen plant, holding the capacity to produce

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  • Call for probe into ‘deliberate destruction’ of Steel Mills

    May 18, 2020  ISLAMABAD: Amid disbursement of Rs1.3 billion by the finance ministry as partial payment of retirement dues to former employees of Pakistan Steel Mills, a

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  • End of an era for Pakistan Steel Mills Pakistan – Gulf News

    Jun 04, 2020  End of an era for Pakistan Steel Mills. Government does away with lifeline of country’s industrial growth, 9,350 employees fired. ... COVID-19: India teetering on the brink of disaster.

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  • Plan proposed for Pakistan Steel Mills a disaster: CJP ...

    Jul 18, 2020  CJ Gulzar Ahmed says PSM cannot fire all employees ISLAMABAD - The Supreme Court on Thursday expressed annoyance over Pakistan Steel Mills (PSM) administration and ordered the authorities to submit a brief report about the mills. The top court also directed the government to submit its plan about running Pakistan Steel Mill (PSM) on public-private partnership.

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  • Rs40bn needed to clear dues of 7,884 employees: PSM ...

    ISLAMABAD: The Pakistan Steel Mills (PSM) management on Friday furnished a report before the Supreme Court, claiming that Rs40 billion would be required to clear liabilities of 7,884 of its 8,884 ...

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  • A look back at history of PSM The Express Tribune

    The idea of a steel mill was floated in the first five-year plan of 1955-60, but owing to financial constraints, Pakistan was not able to implement it until 1969.

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  • Pakistan is fast running out of Oxygen but reviving this ...

    Apr 26, 2021  The Pakistan Steel Mills (PSM) employees have demanded the government to reactivate a Steel Mills oxygen plant, holding the capacity to produce

    Read More
  • Coronavirus: Pakistani Govt Lays off Thousands of Workers ...

    A general view of the deserted hot strip mill department of the Pakistan Steel Mills on the outskirts of Karachi, February 8, 2016. Photo: Reuters/Akhtar Soomro Shamil Shams and S. Khan

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  • Govt to reactivate Pakistan Steel Mills oxygen plant amid ...

    The National Engineers Welfare Association which provides services for the rehabilitation of the oxygen plant had written a letter to Prime Minister Imran Khan, offering services to rehabilitate the oxygen plant of Pakistan Steel Mills. Now the National Command Operation Centre (NCOC) on the recommendation of the Prime Minister has given a green signal to []

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  • Rs40bn needed to clear dues of 7,884 employees: PSM ...

    ISLAMABAD: The Pakistan Steel Mills (PSM) management on Friday furnished a report before the Supreme Court, claiming that Rs40 billion would be required to clear liabilities of 7,884 of its 8,884 ...

    Read More
  • Privatisation of Pakistan Steel Mills: High Court refuses ...

    He said when the PTI government came into power, the Pakistan Steel Mills was facing a loss of Rs176 billion and its interest was also increasing with each passing day.

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  • ECC axe falls on 9,350 Steel Mills employees - DAWN.COM

    Pakistan Steel Mill should start making low cost export quality Auto Tools, there is a lot of demand for it specially in the Western World. Even Pakistan itself is a big market for medium quality ...

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  • Oxygen Plant at Pakistan Steel Mills be restored ...

    Apr 28, 2021  Oxygen Plant at #Pakistan Steel Mills be restored ? #Oxygen #Shortage In Pakistan Ahmad Rana VIEWSThe third wave of Corona in Pakistan is not only increa...

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  • Revamping Pakistan Steel Mills - The Nation

    Jun 13, 2020  Announcing the ECC decision to sack over 9300 workers of the Steel Mills as part of the government plan to revamp the entity, the Federal Industries Minister Hammad Azhar said that with a view to revive the industrial unit, it was imperative to

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  • A look back at history of PSM The Express Tribune

    The idea of a steel mill was floated in the first five-year plan of 1955-60, but owing to financial constraints, Pakistan was not able to implement it until 1969.

    Read More
  • Nationalisation in Pakistan - Wikipedia

    During the second government, the Peoples Party intensified the government control on Pakistan Railways and Pakistan Steel Mills; all shares were kept under government management ownership. In 1998, Prime minister Nawaz Sharif imposed economic

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  • 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 ...

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  • Pakistan run out of oxygen like India fast, but reviving ...

    Pakistan run out of oxygen like India fast, but reviving this old steel plant could prevent disaster: Pakistan Steel Mills (PSM) staff have demanded

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  • SC seeks govt's response on closure of Pakistan Steel Mills

    Mar 12, 2020  The top judge said the Pakistan Steel Mill is creating several problems and seems that all the budget of the country would be spent on it. CJP Gulzar said in his remarks to appoint new staff, if ...

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  • Pakistan to welcome Russian investment for Steel Mill’s ...

    Apr 06, 2021  Apr 06, 2021: Foreign Minister Shah Mehmood Qureshi on Tuesday said Pakistan would welcome if Russia made an investment for the revival of Pakistan Steels Mills (PSM) or other projects. The PSM was set up with the technical and financial

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  • Govt to reactivate Pakistan Steel Mills oxygen plant amid ...

    The National Engineers Welfare Association which provides services for the rehabilitation of the oxygen plant had written a letter to Prime Minister Imran Khan, offering services to rehabilitate the oxygen plant of Pakistan Steel Mills. Now the National Command Operation Centre (NCOC) on the recommendation of the Prime Minister has given a green signal to []

    Read More
  • Privatisation of Pakistan Steel Mills: High Court refuses ...

    He said when the PTI government came into power, the Pakistan Steel Mills was facing a loss of Rs176 billion and its interest was also increasing with each passing day.

    Read More
  • Nationalisation in Pakistan - Wikipedia

    During the second government, the Peoples Party intensified the government control on Pakistan Railways and Pakistan Steel Mills; all shares were kept under government management ownership. In 1998, Prime minister Nawaz Sharif imposed economic

    Read More
  • Revamping Pakistan Steel Mills - The Nation

    Jun 13, 2020  Announcing the ECC decision to sack over 9300 workers of the Steel Mills as part of the government plan to revamp the entity, the Federal Industries Minister Hammad Azhar said that with a view to revive the industrial unit, it was imperative to

    Read More
  • The Pakistan Steel Mills Problem - The Nation

    Let us face the facts. Pakistan Steel Mills (PSM) is the biggest white elephant this country possesses, on par with the Pakistan International Airlines (PIA) - but at least the airline is fully operational. PSM is stuck in a perpetual loop of mounting dues,

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  • Pakistan Steel Mills terminates 4544 employees: spokesman

    Nov 27, 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.

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  • 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.

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  • 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 ...

    Read More
  • Pakistan run out of oxygen like India fast, but reviving ...

    Pakistan run out of oxygen like India fast, but reviving this old steel plant could prevent disaster: Pakistan Steel Mills (PSM) staff have demanded

    Read More
  • Tuwairqi Steel Mills - Wikipedia

    The Tuwairqi Steel Mills Limited (TSML), is a vertically integrated multinational Steel mill, based in Karachi, Sindh, Pakistan.. An environmentally friendly and established by a private sector, the steel mill is co-financed by the Al-Tuwairqi Holdings (Saudi Arabia), POSCO (South Korea) and the Arif Habib Group owners of downstream facility Aisha Steel Mills (Pakistan), and currently aiming ...

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  • Government seeking private investment in Pakistan Steel Mills

    The federal government is seeking investment from the private sector in the Pakistan Steel Mills after deciding to lay off all its employees. Minister for Industries and Production Hammad Azhar ...

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  • SC seeks govt's response on closure of Pakistan Steel Mills

    Mar 12, 2020  The top judge said the Pakistan Steel Mill is creating several problems and seems that all the budget of the country would be spent on it. CJP Gulzar said in his remarks to appoint new staff, if ...

    Read More
  • SHC refuses to hear petition filed by Pakistan Steel Mills ...

    Jun 23, 2020  KARACHI: The Sindh High Court (SHC) on Tuesday refused to hear a petition filed by the Pakistan Steel Mills (PSM) employees relating to their sacking after the government decided to privatise the ...

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  • Injustices in pakistan steel mill with sindhi people ...

    Injustices in pakistan steel mill with sindhi people, Mehar, Sindh, Pakistan. 554 likes 1 talking about this. Violation of Mines Act Explosive Rules in Pakistan Steel Mill that helps Explosion ...

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