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pakistan steel mills

PSM layoffs

The government has sacked over 4,500 employees of the Pakistan Steel Mills. The move is not entirely surprising as the federal government had announced to layoff over 9,300 employees of the loss-making industrial complex as part of a revival process.

Plea filed in SHC over PSM privatization

KARACHI: A petition has been filed against the privatization of Pakistan Steel Mills (PSM) in the Sindh High Court (SHC) today. The petitioner Asim Bhatti, president PSM Labour Union has made the federal government and ministry of Production respondent in

SC to hear Pakistan Steel Mills case on June 9

ISLAMABAD: The Supreme Court has set the date to hear the Pakistan Steel Mills case on 9th June. A three-member bench headed by the Chief Justice of Pakistan, Justice Gulzar Ahmed will take up the case. Justice Ijazul Ahasan and

Govt has decided to privatize PSM: Hammad Azhar tells Senate

ISLAMABAD: The Senate was informed on Friday that said the government has decided to privatize the core operations to revive the loss-making Pakistan Steel Mills. Minister for Industries and Production Hammad Azhar informed the house that the losses of state-owned

ECC approves firing all employees of Pakistan Steel Mills

ISLAMABAD: The Economic Coordination Committee (ECC) today (Wednesday) has approved firing all employees of Pakistan Steel Mills. The decision was taken in the ECC meeting chaired by Advisor to Prime Minister on Finance Abdul Hafeez Sheikh. “The Mills haven’t been

Revival of Pakistan Steel Mills top priority of govt, says PM

ISLAMABAD: Prime Minister Imran Khan on Friday said the government is making every possible effort to revive the Pakistan Steel Mills and making it a profitable organisation. While chairing a meeting regarding revival of Pakistan Steel Mills, the prime minister