Pakistan Steel Mills Corporation (Pvt.) Limited (Urdu: پاکستان سٹیل ملز ), also known as Pak Steels, is a producer of long rolled steel and heavy metal products and entities in the country.. Headquartered in Karachi, Sindh Province of Pakistan, the PSM is the current largest industrial mega-corporation, having a production capacity of 1.1–5.0 million tonnes of steel and iron ...
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read morePakistan Steel Industry Overview. The 1700 hot strip mill operates on slabs produced at the steel making plant. It produces hot rolled sheets, coils and strips suitable for ship building and the manufacture of pipes of small, medium and large diameter, bodies of cars, buses and other vehicles, railway wagons, transformers, boilers, big tanks, machinery and formed sections.
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read moreThe completion of the steel mill was formally launched by General Zia-Ul-Haq 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 1.1 million tonnes of steel.
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read moreLet us face the facts. Pakistan Steel Mills (PSM) is the biggest white elephant this country possesses, on par with the Pakistan International Airlines (PIA) - but at least the airline is fully operational. PSM is stuck in a perpetual loop of mounting dues, defaulted debts and unpaid employees - currently at Rs415bn, including Rs166bn payable liabilities - while production rests at a measly 8% ...
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