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ECC Approves Firing All Pakistan Steel Mills Employees
Jun 04, 2020· ECC Approves Firing All Pakistan Steel Mills Employees Posted 1 month ago by ProPK Staff The Economic Coordination Committee (ECC) on Wednesday 3 rd June, approved to relieve the Pakistan SteelThe Pakistan Steel Mills’ total losses and liabilities are estimated at Rs400 billion (Dh9026 billion) According to the ECC the PSM is facing Rs550 billion deficit and billions are being spentEnd of an era for Pakistan Steel Mills MSN
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 KARACHIJul 17, 2020· 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 publicprivate partnershipPlan proposed for Pakistan Steel Mills a disaster: CJP
The Pakistan Steel Mills Dilemma | Pakistan TehreekeInsaf
The biggest disservice done to Steel Mill employees and State of Pakistan since this is a State Owned Enterprise The Steel mill that was already in shambles due to corruption in yesteryears, now faced another issue All the steel lying in godowns of PSM could not be sold and since itJul 15, 2020· Pakistan Steel Mills Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times Pakistan Steel Mills Blogs, Comments and Archive News on EconomictimesPakistan Steel Mills: Latest News & Videos, Photos about
ECC approves firing all Pakistan Steel Mill employees
Jun 03, 2020· The Economic Coordination Committee approved on Wednesday firing all employees of the Pakistan Steel Mills The Mills haven’t been functioning for years and the employees haven’t been doing anything, reasoned the committee The meeting was chaired by Adviser to the PM on Finance Abdul Hafeez SheikhJul 15, 2020· The minister further informed that Pakistan’s steel consumption stands at seven million tonnes adding that despite several steel mills being operational in the country Pakistan still imports iron and steel products to fulfill its demand The committee was informed that in 1973, 19,013 acres of land were purchased for PSMPakistan Steel Mills to be run as a joint venture with
Pakistan Steel Mills All About Pakistan
Mar 24, 2013· Pakistan Steel Mills is spread out over an area of 18,660 acres (755 km2) (about 29 square miles (75 km2)) including 10,390 acres (42 km2) for the main plant, 8,070 acres (33 km2) for the township and 200 acres (08 km2) for the 110 MG water reservoir In addition it has leasehold rights over an area of 7,520 acres (30 km2) for the quarries ofMinister 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 KARACHIPrivatisation of Pakistan Steel Mills: High Court refuses
Working at Pakistan Steel Mills: 51 Reviews | Indeed
Pakistan steel mills is one of the largest steel producing industry in pakistan During my internship period the company was going through labour crisis hence the 50% of their production was cut at that time But even after this the industry was producing high amount of quality steelThe Economic Coordination Committee approved on Wednesday firing all employees of the Pakistan Steel Mills The Mills haven’t been functioning for years and the employees haven’t been doingECC approves firing all Pakistan Steel Mill employees SAMAA
Privatisation of Pakistan Steel Mills: High Court refuses
Jun 24, 2020· Pakistan Steel Mills, PTV, PIA, Pakistan Railways should be privatized as soon as possible Downsizing and shutdown Pakistan steel Mills won't work Opposition will make a big deal out of it If Russia or China is willing to buy it, we should sell it cheap and let them make all the decisionsJul 16, 2020· Pakistan Steel Mills Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times Pakistan Steel Mills Blogs, Comments and Archive News on EconomictimesPakistan Steel Mills: Latest News & Videos, Photos about
Plan proposed for Pakistan Steel Mills a disaster: CJP
Jul 17, 2020· ISLAMABAD The Supreme Court on Thursday expressed annoyance over Pakistan Steel Mills (PSM) administration and ordered the authorities to submit a brief report aboutA 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 KhanCoronavirus: Pakistani Govt Lays off Thousands of Workers
ECC axe falls on 9,350 Steel Mills employees
ISLAMABAD: The government on Wednesday approved retrenchment of all the 9,350 remaining employees of the Pakistan Steel Mills (PSM) with a onetime severance cost of about Rs20bnJul 15, 2020· The minister further informed that Pakistan’s steel consumption stands at seven million tonnes adding that despite several steel mills being operational in the country Pakistan still imports iron and steel products to fulfill its demand The committee was informed that in 1973, 19,013 acres of land were purchased for PSMPakistan Steel Mills to be run as a joint venture with
A look back at history of PSM | The Express Tribune
KARACHI: For many people, Pakistan Steel Mills (PSM) is a financial black hole, but for others the industrial complex has repaid most of what the government has invested and can still do wondersWELCOME 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 byPAKISTAN STEEL Largest Industrial Complex of Pakistan
Golden Steel Mills | block making machine & batching plant
feed mills manufacturing in Pakistan Golden Steel Mills All Thanks to Allah Almighty, Golden Steel Mills is a wellestablished , financially sound Steel Engineering company headed by a team of dedicated Designers, Architects, Engineers welders , fabricators and other workers who have years of experience in the field of Steel Engineering andOut 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 andModel Steel Steel Mills in Pakistan ReRolling Mills
all about pakistan pakistan steel mills Matériel MCC
Pakistan Steel Mills Pakistan Steel Mills Corporation (Pvt) Limited, also known as Pak Steels, is a ding to Headquartered in Karachi, Sindh Province of Pakistan, the PSM is currently the largest industrial a corporation, having a production capacity of 11, 50 million ton of steel and iron foundriesMinister 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 KARACHIPrivatisation of Pakistan Steel Mills: High Court refuses
SC fixes Pakistan Steel Mills case hearing on June 9
Jun 05, 2020· Earlier, on June 3, the government had approved retrenchment of all the 9,350 employees of the Pakistan Steel Mills (PSM) Read more: SHC directs fedISLAMABAD: The Privatisation Division has yet to finalise transaction structure of the Pakistan Steel Mills (PSM) despite having eight consecutive transaction committee meetings of the revival planPakistan Steel Mills: Transaction structure yet to be
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 KhanJun 09, 2020· Read More: Pakistan Steel Mills huge burden on taxpayers: Hammad The federal cabinet will go ahead with the privitization and provide a golden handshake to its employeesFederal Cabinet green lights privatisation of Pakistan
ECC axe falls on 9,350 Steel Mills employees
ISLAMABAD: The government on Wednesday approved retrenchment of all the 9,350 remaining employees of the Pakistan Steel Mills (PSM) with a onetime severance cost of about Rs20bnJun 03, 2020· ECC approves firing all Pakistan Steel Mill employees By Shahzad Paracha June 3, 2020 0 4639 Facebook Twitter Linkedin WhatsApp –Finance ministry to release Rs20bn compensation package for 9,350 employeesECC approves firing all Pakistan Steel Mill employees
Model Steel Steel Mills in Pakistan ReRolling 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 andWELCOME 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 byPAKISTAN STEEL Largest Industrial Complex of Pakistan
Steel industry Pakistan LinkedIn SlideShare
Mar 13, 2016· Organized Sector Major Players 1 Pakistan Steel (PS) 2 Pakistan Steel Mill (PSM) 3 Steel Pipe Mills 15 Unorganized Sector Particulars Units Scrap Melters 80 ReRolling Mills 1 Punjab 2 Sindh 3 KPK 4 Baluchistan 334 291 37 4 2 Ship Breakers 35 Foundries 450 16Jun 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 afterSHC refuses to hear petition filed by Pakistan Steel Mills
ECC approves firing all Pakistan Steel Mills employees
Jun 07, 2020· The Economic Coordination Committee (ECC) on Wednesday approved firing all employees of the Pakistan Steel Mills (PSM) The decision regarding the fate of the lifeline of the country’s industrial growth was taken by ECC after years of deemed dysfunctional The economic coordination committee has fired all Pakistan Steel Mills employees as they were observed doingThe PTI led federal government on Wednesday decided to terminate all 9,350 employees of the Pakistan Steel Mills (PSM), taking a giant but politically difficult step to stop years longECC approves firing all Pakistan Steel Mill employees
Sindh government willing to run the Pakistan Steel Mills
The federal government should share its plan regarding the Pakistan Steel Mills with us, the Sindh government is willing to run it, Education Minister Saeed Ghani said