Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
Islamabad [Pakistan], August 1 (ANI): Assets over 10 billion Pakistani rupees have been stolen from Pakistan Steel Mills (PSM) in collusion with some officers in the management, according to local media.
Islamabad [Pakistan], May 20 (ANI): Pakistan government has finalised three Chinese companies as pre-qualified bidders who will contest for winning stakes of up to 74 per cent in loss-making Pakistan Steel Mills Corporation (PSMC) to revive the country's largest non-functional industrial uni
Karachi [Pakistan], November 28 (ANI): Employees of the Pakistan Steel Mills (PSM) on Friday staged a sit-in protest at the National Highway against their sacking by the Imran Khan government.
Islamabad [Pakistan], November 28 (ANI): Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari on Saturday slammed Prime Minister Imran Khan-led "heartless government" for sacking more than 4,500 employees of the Pakistan Steel Mills (PSM) and vowed to reinstate them once his party is