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PSM revival begins with increased production




  • Continuous arrival of raw material in PSM started the revival plan of Pakistan Steel Mills (PSM). Coal and iron ore ships created an improved stock position of PSM raw materials. This resulted in good increase in production activity of PSM as it crossed 30 percent production and on February 28, 2013 PSM achieved production of 37.7 percent. 

    PSM workers and staff are working hard for the betterment and revival of the great national asset, PSM, under the courageous and visionary leadership of Chief Executive Officer (CEO) Major General Mohammad Javed (Retd). PSM management is trying to reach at 60 percent production level in few months if the required facilities were provided timely. PSM ensures to become a profitable entity by the grace of Allah Almighty within a few months. 

    PSM management specially thanked Government of Pakistan especially Ministries of Production and Finance related organisations and forums for their sincere co-operative role in the revival of PSM. On the start of the PSM revival the CEO and management congratulates to all its 17000 employees whose patience, wishes and prayers came true and the most awaited day started.-PR 

    Copyright Business Recorder, 2013

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