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WhatsApp: +86 18838072829Pakistan Steel Mills (PSM) accumulated an overall loss of Rs. billion in merely six months of 2020 despite laying off 5000 employees who received a
WhatsApp: +86 18838072829The country's single largest steel producer Pakistan Steel Mills Corporation (PSMC) has posted a historical loss of Rs 22 billion in fiscal year 200809, for the first time in nine years. The state owned PSMC was profitable organization till fiscal year 200708 making enough profit since fiscal year 200001 however, during last year its ...
WhatsApp: +86 18838072829In a span of only six years, between 2007 and 2013, the Mills not only eroded its previously accumulated profit of billion rupees, but also added almost 10 times as much money in losses. That means that the total money Pakistan Steel Mills lost in this period stood at a staggering billion rupees.
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WhatsApp: +86 18838072829The Pakistan Steel Mills Corporation, colloquially referred to as Pak Steels, is a Pakistan Stateowned company that produced longrolled steel and heavy metal products in the country. Introduction Pakistan Steel Mills; Employee layoffs; History Labour development; Dividends and business assets;
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WhatsApp: +86 18838072829The Pakistan Steel Institute of Technology (PSIT), is an educational institution under the management of Pakistan Steel Mills Corporation. The Institute has introduced a three year diploma course in electronics, electrical, metallurgy and mechanical technologies. It is located in Bin Qasim, Karachi, Sindh, Pakistan.
WhatsApp: +86 18838072829About Us 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.
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WhatsApp: +86 18838072829The Material Test Report, also known as a Mill Test Certificate (MTC), is a document that verifies a material's chemical and physical properties. Typically, the report should be in paper form and contain the factory quality control approval, along with a special material test certificate stamp. The testing standards and content in the report ...
WhatsApp: +86 18838072829The first steel mill of Pakistan was thus, constructed at Chittagong (East Pakistan) based on imported raw materials, with annual production capacity of 150,000 tons of steel ingot to produce ...
WhatsApp: +86 18838072829Representatives of four Chinese companies visited Pakistan with the aim of acquiring a controlling stake in the Pakistan Steel Corporation. The government of Pakistan has received an offer from Chinese companies to buy a controlling stake in the Pakistan Steel Mills Corporation (PSMC), which is fully owned by the state, for billion.
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WhatsApp: +86 18838072829The steel mills is among the largest loss making units that costs 17 billion rupees (100 million) a year. The final two years of the government's five year tenure "are going to be very active ...
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WhatsApp: +86 18838072829The project was completed at a capital cost of Rs. 24,700 million. The completion of the steel mill was formally launched by General ZiaUlHaq the then President of Pakistan on the 15th of January 1985. Today Pakistan Steel is the country's largest industrial undertaking having a production capacity of million tonnes of steel.
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