KARACHI: Syed Hafeezuddin, Chairman of the National Asse­mbly’s Standing Comm­ittee on Industries and Production, has directed the Pakistan Steel Mills (PSM) management to expedite its revival to prevent further losses.

In a visit to the PSM on Wednesday, he took serious notice of the non-payment of dues to retired and retrenched employees, the disconnection of gas supply, electric tariff, water supply issue and the deplorable condition of the 100-bed Pakistan Steel Hospital.

According to a press release, Hafeezuddin directed the management of SSGC, Water Board, and K-Electric in person and issued strict directions to the PSM chief executive to solve the issues on top priority and submit a report for compliance.

Mohammad Asad Islam Mahni, Additional Secretary of the Ministry of Industries and Prod­uction and caretaker CEO of Pakistan Steel Mills, briefed the committee about the overall progress on the revival process.

He said that the Russ­ian company had shown interest in the mill’s revival, and a team of technical experts would visit the plant soon.

Published in Dawn, November 21st, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

First line of defence

First line of defence

Pakistan’s foreign service has long needed reform to be able to adapt to global changes and leverage opportunities in a more multipolar world.

Editorial

Eid amidst crises
Updated 31 Mar, 2025

Eid amidst crises

Until the Muslim world takes practical steps to end these atrocities, these besieged populations will see no joy.
Women’s rights
Updated 01 Apr, 2025

Women’s rights

Such judgements, and others directly impacting women’s rights should be given more airtime in media.
Not helping
Updated 02 Apr, 2025

Not helping

If it's committed to peace in Balochistan, the state must draw a line between militancy and legitimate protest.
Hard habits
Updated 30 Mar, 2025

Hard habits

Their job is to ensure that social pressures do not build to the point where problems like militancy and terrorism become a national headache.
Dreams of gold
30 Mar, 2025

Dreams of gold

PROSPECTS of the Reko Diq project taking off soon seem to have brightened lately following the completion of the...
No invitation
30 Mar, 2025

No invitation

FOR all of Pakistan’s hockey struggles, including their failure to qualify for the Olympics and World Cup as well...