downfall of pakistan steel mills

  • The fall of Pakistan Steel Mills: What went wrong? | Stone Crusher

    The fall of Pakistan Steel Mills: What went wrong? | Stone Crusher

    2025122· recent searches. Home Latest Popular UAE Pakistan India Business Sports Lifestyle Opinion World Sci-Tech Video Programs CT2025. Home

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  • The History and Future of Pakistan Steel Mill

    The History and Future of Pakistan Steel Mill

    2024116· Introduction | The Pakistan Steel Mill. The Pakistan Steel Mill, located in Karachi, is a significant industrial project that has played a crucial role in the country’s …

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  • Fakhruddin Valika

    Fakhruddin Valika

    Fakhruddin Valibhai Valika (died 1973) was a Pakistani industrialist who led the Valika Group, which had subsidiaries such as Valika Cement, Valika Steel now known as Peoples Steel, [1] …

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  • Pakistan Steel Mills: A Cortege to Collapse

    Pakistan Steel Mills: A Cortege to Collapse

    20201127· Production at the mills shut down in June 2015, when Sui Southern Gas Company (SSGC) stopped supplying gas due to overdue payment. Additionally, PSM has not paid salaries to its employees since 2016. PSM …

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  • Constructive outlook of Pakistan steel industry

    Constructive outlook of Pakistan steel industry

    2019311· France produced 1.2 mt of crude steel in January 2019, a decline of 9.7 percent as against to January . Spain produced 1.2 mt of crude steel in January 2019, a rise of …

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  • Organizational Behavior Project Report

    Organizational Behavior Project Report " Fall of Pakistan Steel Mill

    Organizational Behavior Project Report " Fall of Pakistan Steel Mill, its problems and OB applicable models." project report pakistan steel mill organizational

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  • Sub-standard steel continue to haunt formal industry

    Sub-standard steel continue to haunt formal industry

    2025210· Pakistan’s steel industry is one of the country’s most critical sectors, contributing significantly to industrial output and employing over 450,000 people. Over the years, the …

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  • Pakistan Steel Mills Accumulated Rs. 67 Billion Losses in 6 Months

    Pakistan Steel Mills Accumulated Rs. 67 Billion Losses in 6 Months

    329· Pakistan Steel Mills (PSM) accumulated an overall loss of Rs. 67.167 billion in merely six months of 2020 despite laying off 5000 employees who received a golden …

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  • Sage Business Cases

    Sage Business Cases

    201636· Pakistan Steel Mills Corporation (PSMC)—once a highly profitable organization and considered one of the largest and sole steel producers in Pakistan—is on the verge of …

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  • Curtain to fall on Pakistan Steel Mills

    Curtain to fall on Pakistan Steel Mills

    202474· Pakistan. Curtain to fall on Pakistan Steel Mills. inp. July 4, 2024. The Federal government has decided to shut down Pakistan Steel Mills (PSM), a state-owned enterprise …

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  • Sad End to Pakistan Steel Mills

    Sad End to Pakistan Steel Mills

    2024719· The government’s decision to finally shutter the Pakistan Steel Mills consigns to the dustbin Pakistan’s first major industrial project. The Standard News and Views. Friday, …

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  • Economy.pk Urdu

    Economy.pk Urdu

    1020· Downfall of Pakistan Steel Mills - Economy.pk

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  • Can Pakistan revive its steel mill?

    Can Pakistan revive its steel mill?

    2025113· However, mismanagement, financial inefficiencies, and political interference led to its decline. As of August 2024, total losses have ballooned to approximately Rs600 billion, including Rs224

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  • End of an era for Pakistan Steel Mills

    End of an era for Pakistan Steel Mills

    202064· The Pakistan Steel Mills’ total losses and liabilities are estimated at Rs400 billion (Dh9.026 billion). According to the ECC the PSM is facing Rs550 billion deficit and billions are …

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  • Pakistan Steel Mills: A Cortege to Collapse

    Pakistan Steel Mills: A Cortege to Collapse

    The Economic Coordination Committee (ECC) of the Cabinet approved the retrenchment plan of Pakistan Steel Mills (PSM) to reduce the government’s financial burden. Since 2008-09, …

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  • Blog: PAKISTAN STEEL MILLS CORPORATION (PSMC) AND …

    Blog: PAKISTAN STEEL MILLS CORPORATION (PSMC) AND …

    Pakistan steel mills is on the way of collapse, and suffering from financial assistance and mismanagement (Asim & Zaki, 2013). PSMC started to decline when PPP took power in 2008.

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  • Federal govt decides to shut down Pakistan Steel Mill

    Federal govt decides to shut down Pakistan Steel Mill

    202474· In a statement on Wednesday, the Secretary of Industry and Production said that the Sindh government has been offered to take over 700 acres of the total 19,000 acres of …

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  • Pakistan Steel Mills Accumulated Rs. 67 Billion Losses in 6 Months

    Pakistan Steel Mills Accumulated Rs. 67 Billion Losses in 6 Months

    329· Pakistan Steel Mills (PSM) accumulated an overall loss of Rs. 67.167 billion in merely six months of 2020 despite laying off 5000 employees who received a golden …

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  • The Decline of Pakistan Steel Mills: Workers’ Struggle for …

    The Decline of Pakistan Steel Mills: Workers’ Struggle for …

    202526· The once-thriving Pakistan Steel Mills now stands as a stark symbol of neglect. The workers are battling for survival, deprived of pay and pensions, while th...

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  • Pakistan to Sell Shut Steel Mill That Costs $100 Million A Year

    Pakistan to Sell Shut Steel Mill That Costs $100 Million A Year

    101· Pakistan is planning to sell its steel mills that have been shut since 2015 early next year after encouraging response from companies including Chinese and a Russian …

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  • Privatizing Pakistan Steel

    Privatizing Pakistan Steel

    20201210· Let us see the cost of a closed-down Pakistan Steel Mills to taxpayers. Pakistan Steel has been shut since 2015. However, the government has been paying the …

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  • Sad End to Pakistan Steel Mills

    Sad End to Pakistan Steel Mills

    2024719· The government’s decision to finally shutter the Pakistan Steel Mills consigns to the dustbin Pakistan’s first major industrial project. The Standard News and Views. Friday, June 13, 2025. The Standard News and Views. …

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  • Blog: PAKISTAN STEEL MILLS CORPORATION (PSMC) AND …

    Blog: PAKISTAN STEEL MILLS CORPORATION (PSMC) AND …

    Pakistan steel mills is on the way of collapse, and suffering from financial assistance and mismanagement (Asim & Zaki, 2013). PSMC started to decline when PPP took power in 2008.

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  • Pakistan Steel Mills: A Cortege to Collapse

    Pakistan Steel Mills: A Cortege to Collapse

    The Economic Coordination Committee (ECC) of the Cabinet approved the retrenchment plan of Pakistan Steel Mills (PSM) to reduce the government’s financial burden. Since 2008-09, Pakistan’s government has been paying PKR …

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  • Deepening crisis

    Deepening crisis

    1121· Pakistan Steel Mills, the only large integrated steel mills, with annual designed capacity of 1.1 million tons to produce a variety of iron and steel products, remain inoperative …

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