08
Jan
00:00
PSM pushes back 77% capacity utilisation target to April
Pakistan Steel Mills (PSM) has pushed back to April its target to reach 77% capacity utilisation, as it remains in the process of repairing and refurbishing its main plants, Kallanish learns from the company.
The steelmaker said last week it had reached 45% capacity utilisation following the restart of its blast furnace No.2 last month, and aims to surpass 50% in January. It also then expressed concern over a delay in state funding required to impo…
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