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 X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Holding the line
16 Mar, 2026

Holding the line

PAKISTAN’S long battle against polio has recently produced encouraging signs. Data from the national eradication...
Power self-reliance
Updated 16 Mar, 2026

Power self-reliance

PAKISTAN’S transition to domestic sources of electricity is a welcome development for a country that has long been...
Looking for safety
16 Mar, 2026

Looking for safety

AS the Middle East conflict enters its third week, the war’s most enduring victims are not those who wage it....
Battling hate
Updated 15 Mar, 2026

Battling hate

In the current scenario, geopolitical conflict, racial prejudice and religious bigotry all contribute to the threats Muslims face.
TB drugs shortage
15 Mar, 2026

TB drugs shortage

‘CRIMINAL negligence’ is the phrase that jumps to mind when one considers the disturbing consequences of the...
Chinese diplomacy
Updated 14 Mar, 2026

Chinese diplomacy

THERE are signs that China is taking a more active role in trying to resolve the issue of cross-border terrorism...