Home / Tag Archives: Pakistan Steel

Tag Archives: Pakistan Steel

Feed Subscription

Pakistan Steel Mills owes arrears amounting to PKR 35 billion to SSGC

The Sui Southern Gas Company has claimed that the Pakistan Steel Mills has not been able to settle its gas bill, as the outstanding amount has enormously risen to PKR 35 billion during the past few years. An SSGC spokesman ...

Read More »

Pakistan steel re rolling mills not happy with ship breakers

In a recent development the ship breakers in a meeting held in their office stopped all deliveries to re rolling mills so that they can black mail and harass re rollers who have no option left but to buy from ...

Read More »

Pakistan Steel industry wants additional duty on imports

Demanding further protection for the local industry, the Pakistan Steel Melters Association (PSMA) and Large Scale Re Rollers have asked for a levy of 40% regulatory duty on the imports of steel billets, bars and wire rods. This comes after ...

Read More »

he worst is over for Pakistan Steel

Maj Gen (R) Zaheer Ahmed Khan CEO of Pakistan Steel has been the subject of much concern and comment for the last two or three years by a vast segment of our intelligentsia, including the media for its slide into ...

Read More »

Pakistan Steel Mills requests for additional PKR 13 billion

The nationwide blackout about a week ago that plunged most of the country into darkness had also badly affected the production levels of Pakistan Steel Mills. PSM officials said that however, one of the two blast furnaces of the PSM ...

Read More »

Rs.18.5 billion bailout package: Pak Steel likely to become profitable in April 2015

KARACHI: Pakistan Steel Mills will be able to give profit during the current financial year, the production has risen up to 45 percent of the total capacity of PSM as a result of the government’s bail out package. Pakistan Steel’s ...

Read More »

Pakistan Steel Mills restarts Blast Furnace-II

Pakistan Steel Mills (PSM) has restarted its Blast Furnace-II after 10 days of outrage. Mr Shazim Akhtar, spokesman, in the statement, said that “The restart of the plant helped taking the day production at 44%.” The spokesman said that “Production ...

Read More »

FBR asked to release advance ST refund claims – Pakistan Steel Melters Association

The melting industry has sought immediate release of advance sales tax’s pending refund amount to manage its working capital. Pakistan Steel Melters Association, in a letter to the Federal Board of Revenue Chairman requested the authority to immediately release the ...

Read More »

Pakistan Steel gets PKR 500 million for salaries

The finance ministry has released PkR 500 million to Pakistan Steel Mills for paying salaries to its more than 15,500 employees for October 2014. Last week, the state run steel manufacturing firm disbursed salaries for the month of September after ...

Read More »

PSM’s blast furnace No 2 made operational after major repair

The Pakistan Steel Mill’s blast furnace No 2 which stopped functioning in last August 2013 after a serious metal breakout from its shell/notch area, has now been revived for production after a critical major repair by using in-house expertise and ...

Read More »
Scroll To Top